The Governmental Funds Report a Total of $2,000,000 Transfers in and $1,500,000

question 146

Multiple Choice

The governmental funds report a total of $2,000,000 Transfers In and $1,500,000 Transfers Out.To consolidate governmental activities what amount will be eliminated from the Transfers In and Transfers Out accounts?

• A) $1,500,000
• B) $3,500,000
• C) $500,000
• D) $2,000,000

---

Definitions:

Security Market Line

A line that represents the relationship between the expected return of a security and its systematic risk, illustrating the risk-return trade-off in the capital asset pricing model (CAPM).

Portfolio Weight

The proportion of a specific asset within an investment portfolio relative to the total asset value of the portfolio.

Beta

A measure of a stock's volatility in comparison to the overall market, indicating its relative risk.