In Addition to a Statement of Net Position, Which of the Following

question 14

Multiple Choice

In addition to a Statement of Net Position, which of the following are government-wide statements?

• A) Statement of Revenues, Expenses, and Changes in Fund Net Position.
• B) Statement of Cash Flows.
• C) Both A and B.
• D) Neither A nor B.

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Definitions:

Risk Taking

The act of engaging in behaviors or decisions that have the potential for negative consequences but are pursued for potential positive outcomes.

Need To Belong

An innate human desire to form and maintain strong, stable relationships with others.

Interpersonal Contact

Direct interaction between two or more individuals, involving communication or physical presence.

Relationships

Connections between individuals or groups characterized by emotional or social linkage, and interactions that can influence behavior and well-being.