Which of the Following Is True Regarding the Proprietary Funds

question 91

Multiple Choice

Which of the following is true regarding the proprietary funds statements?

• A) Major enterprise and internal service funds are reported in separate columns; a column is presented for all non-major enterprise and internal service funds combined), and a total column is presented.
• B) Financial statements include a Statement of Net Position, Statement of Revenues, Expenses, and Changes in Fund Net Position, and Statement of Cash Flows.
• C) Both of the above.
• D) Neither of the above.

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Definitions:

Posttranslational Control

Regulation of gene expression that controls activity or functions of proteins, usually by phosphorylation or other chemical modifications of the protein. Compare with transcriptional-level control, translational-level control, and posttranscriptional control.

Translational Control

The regulation of protein synthesis in a cell by various mechanisms that act on the process of translating RNA into protein.

Transcriptional Control

The regulation of gene expression at the transcription stage, determining when and how much RNA is produced from a gene.

Repressible System

A regulatory system in which the presence of a specific molecule inhibits gene expression.