GASB Requires Which of the Following to Be Reported Separately

question 94

Multiple Choice

GASB requires which of the following to be reported separately after other financing sources and uses in the Statement of Revenues,Expenditures,and Changes in Fund Balance?

• A) Special items.
• B) Extraordinary items.
• C) Interfund transfers.
• D) a. and b.

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Definitions:

Judgmental Role

A role that involves making decisions or forming opinions about others often based on one’s personal biases or standards.

Counselling Role

Involves providing guidance and support to help individuals manage personal or psychological issues and make informed decisions.

Direct Evaluation

The process of assessing something or someone through direct observation, testing, or analysis without intermediaries.

Mentoring

A form of training that assigns new hires and early-career employees as proteges to more senior employees.