According to GASB, Which of the Following Is an Example

question 132

Multiple Choice

According to GASB, which of the following is an example of a nonspendable fund balance?

• A) Resources such as supplies that are used in operations rather than converted to cash
• B) The corpus of a permanent fund that may not be spent
• C) Prepaid insurance
• D) All of the above

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Definitions:

Webcams

Video cameras that are connected to a computer or network, capable of streaming live video for teleconferencing, surveillance, or broadcasting.

Digital Divide

A term that refers to the gap between individuals, households, businesses, and geographic areas at different socioeconomic levels with regard to their opportunities to access information and communication technologies (ICTs).

Internet Access

The ability to connect to the web using computers or other devices to communicate, browse, and access online content.

Rural Families

Households living in rural areas, often characterized by agricultural lifestyles, lower population density, and greater distances from urban centers.