In Its Statement of Net Position, a Government Reported

question 132

Multiple Choice

In its Statement of Net Position, a government reported:
assets of $110 million, including $30 million in capital assets net) , and
liabilities of $40 million, including long-term debt of $15 million, all related to capital asset acquisition.
The government also reported $10 million of net assets were restricted for payment of debt service. The government's Unrestricted Net Position would be reported as:

• A) $45 million.
• B) $25 million.
• C) $30 million.
• D) $35 million.

---

Definitions:

Dying Patients

Individuals who are in the final stages of life, often receiving palliative care to manage pain and other symptoms.

Compassion

Deep awareness of the suffering of another coupled with the wish to relieve it.

Physician's Ignorance

A situation where a medical professional lacks knowledge or awareness about a specific condition, treatment, or patient concern.

Medical Schools

Institutions dedicated to educating and training students in the field of medicine to become physicians or other medical professionals.