Riviera Township Reported the Following Data for Its Governmental Activities

question 41

Multiple Choice

Riviera Township reported the following data for its governmental activities for the year ended June 30,20X9:
Additional information available is as follows:
All of the long-term debt was used to acquire capital assets.Cash of $475,000 is restricted for debt service.
-Based on the preceding information,on the statement of net assets prepared at June 30,20X9,what amount should be reported for total net assets?

• A)$2,425,000
• B)$4,200,000
• C)$2,900,000
• D)$3,625,000

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Definitions:

Reinforcement

In behavioral psychology, it refers to any stimulus which strengthens or increases the probability of a specific response.

Unpleasant Stimulus

A stimulus that is generally undesirable or disagreeable to an individual, often leading to avoidance behavior.

Punishment

Any event or object that, when following a response, makes that response less likely to happen again.

Positive Reinforcement

The reinforcement of a response by the addition or experiencing of a pleasurable stimulus.