Which of the Following May Properly Be Reported as a Component

question 37

Multiple Choice

Which of the following may properly be reported as a component of net assets in the proprietary fund statement of net assets?

• A)Retained earnings.
• B)Designated equity.
• C)Restricted net assets.
• D)Contributed capital.

Discuss the implications of goods being either excludable or rival in consumption.

Understand the concept of the Tragedy of the Commons and its examples.

Grasp the significance of externalities and their analysis.

Understand the concepts of public goods, private goods, common resources, and the distinctions between them.