The Categories of Net Assets for a Proprietary Fund Are

question 128

Multiple Choice

The categories of Net assets for a proprietary fund are classified within which of the following categories?

• A) Net Assets Invested in Capital Assets Net of Related Debt, Restricted Net Assets and Unrestricted Net Assets
• B) Spendable Net Assets and Spendable Net Assets
• C) Committed Net Assets, Assigned Net Assets and Unassigned Net Assets
• D) Restricted Fund balance, Committed Fund balance and Spendable Fund Balance

---

Definitions:

Scientific Disciplines

Branches of science dedicated to the systematic study of phenomena and the acquisition of knowledge following a methodological framework.

Non-organic Phenomena

Refers to events or processes that are not derived from living entities or biological processes.

Biological Processes

Natural procedures or functions that are involved in the living organism's growth, development, and functioning.

Replication

The process of repeating a study or experiment to verify its findings or ensure accuracy.