Which Line Item Does Not Properly Appear in the Statement

question 3

Multiple Choice

Which line item does not properly appear in the Statement of Revenues,Expenditures,and Changes in Fund Balance (operating statement) of a governmental fund?

• A)expenditures--debt service
• B)expenditures--capital outlay
• C)property taxes receivable
• D)beginning fund balance

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Definitions:

United States

A country in North America consisting of 50 states and a federal district, known for its large economy and diverse population.

Rebuilding

The process of restoring or reconstructing infrastructure, homes, or communities after damage or destruction.

Forgo

To abstain or refrain from something, often referring to the opportunity or choice given up in decision making.

Reagent Strip

A diagnostic strip used for conducting tests on various bodily fluids, such as urine, by changing color to indicate the presence or concentration of certain substances.