Capital Assets of an Enterprise Fund Should Be Reported in The

question 2

Multiple Choice

Capital assets of an enterprise fund should be reported in the:

• A) Government-Wide Statement of Net Position only.
• B) Proprietary Fund Statement of Net Position only.
• C) General Fixed Asset Account Group only.
• D) Government-Wide Statement of Net Position and Proprietary Funds Statement of Net Position.

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Definitions:

Directional

Refers to hypotheses in research that predict not only the existence of a relationship between variables but the direction of that relationship as well.

Non-directional

A type of hypothesis that does not specify the direction of the expected relationship between variables.

Standard Error

A measure indicating the amount of variation or dispersion of a set of values; specifically, it reflects how much sampling variability a statistic possesses.

Variability

The degree to which data points in a statistical distribution or data set diverge from the mean value.