Which of the Following Are True of the Proprietary Accounts

question 30

Multiple Choice

Which of the following are true of the proprietary accounts of the federal government?

• A) The accounts provide a record by which federal expenditures may be traced to the budgetary authority granted by Congress.
• B) The accounts are used to present the financial position and results of operations of the federal government and its agencies using the accrual basis of accounting.
• C) Both a and b above
• D) Neither a nor b above

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Definitions:

ATP

Adenosine triphosphate, a molecule that carries energy within cells for metabolism.

Nutrient Molecules

Essential compounds absorbed by the body to provide energy, support growth, and maintain and repair body tissues.

Energy Production

The biological processes by which cells convert nutrients into usable energy, primarily through respiration and metabolism.

Oxygen

A chemical element with symbol O, essential for aerobic respiration in living organisms and a key component of the Earth's atmosphere.