Which of the Following Accounts Would Be Least Likely to Appear

question 10

Multiple Choice

Which of the following accounts would be least likely to appear in an Enterprise Fund statement of net position (balance sheet) ?

• A)cash and cash equivalents
• B)general obligation bonds payable
• C)net investment in capital assets
• D)equipment acquired under capital leases

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Definitions:

Agra

A city in northern India, famous for its Mughal-era buildings, most notably the Taj Mahal, a UNESCO World Heritage Site and symbol of love.

New Delhi

The capital city of India, known for its rich history, diverse culture, and as a political and administrative center of the country.

Architectural Balance

The concept in design that ensures stability and aesthetic harmony between elements of a structure, contributing to its overall unity and appeal.

Reflective Pool

A body of water designed specifically to reflect surrounding architecture and landscape, often found in gardens and urban parks.