Under GASB Statement 35,public Colleges and Universities Are Permitted to Report

question 43

Multiple Choice

Under GASB Statement 35,public colleges and universities are permitted to report as special purpose governments engaged in:

• A) Business-type activities only.
• B) Both governmental and business-type activities.
• C) Governmental activities only.
• D) Any one of the above.

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Definitions:

Laptops

Portable computers that are small enough to be used on one's lap, typically having a screen, keyboard, and battery in a single unit.

USB Port

A universal serial bus port, a standard type of connection for interfacing computers with peripheral devices.

Flash Drives

Portable storage devices that use flash memory to store and transfer data between computers via a USB interface.

Plug

A plug is an electrical device allowing electrical equipment to be connected to the main power supply.