According to GASB 34,restricted Net Assets Include Those That Are

question 35

True/False

According to GASB 34,restricted net assets include those that are the results of constraints imposed by creditors,grantors,contributors,or laws or regulations of other governments.

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Definitions:

Per Share Value

The monetary value assigned to each individual share of stock in a company.

Minority Shareholder

An investor who owns less than 50% of a company's shares and therefore has less influence on corporate decisions compared to majority shareholders.

Majority Shareholder

A Majority Shareholder is an individual or entity that owns more than 50% of a company's shares, thereby having significant influence or control over company decisions.

Common And Preferred

Types of stock in a corporation; common stock typically grants voting rights, whereas preferred stock offers dividends priority.