Which of the Following Statements Is not Correct with Respect

question 151

Multiple Choice

Which of the following statements is not correct with respect to the preparation of government-wide statements?

• A) Worksheet entries must be made to eliminate operating profits earned by enterprise funds.
• B) A worksheet entry is required to record depreciation expense on capital assets of governmental activities.
• C) Enterprise funds are reported in the business-type activities column of the government-wide statements.
• D) A worksheet entry is required to eliminate the charge to expenditures for capital outlay and record those expenditures as capital assets

---

Definitions:

Cord Entanglement

A situation during pregnancy or childbirth where the umbilical cord becomes wrapped around the fetus, potentially causing complications.

Gestational-age Infants

Infants categorized based on their age in weeks since the beginning of the mother's last menstrual period, used in assessing preterm or full-term birth status.

Congenital Abnormalities

Birth defects or disorders that are present from birth, which can result from genetic or environmental factors.