GASB Statement No. 34 requires the reporting for internal service funds by

a. combining income statement results with general fund activities
b. requiring internal service funds to be reported separately as major funds
c. classifying internal service funds as proprietary funds, labeled as government activities
d. All of the above

c

Business

You might also like to view...

Which of the following are types of countermeasures?

A) Preventative B) Detective C) Corrective D) All of the above

Business

The first section of the statement of cash flows derives cash flow from _____ activities. The _____ method reports the amounts of cash received from customers less cash disbursed to suppliers, employees, lenders, and taxing authorities

a. operating; direct b. operating; indirect c. investing; direct d. investing; indirect e. financing: direct

Business