Which of the following classifications of net position likely would be found on the statement of net position of a governmental university that reports as a business-type activity?
A. Temporarily restricted net position.
B. Unrestricted net position.
C. Permanently restricted net position.
D. Nonspendable net position.
B
You might also like to view...
When Jerry took delivery of his brand new Karuaf automobile, he was filled with pleasure and excitement as Karuaf is a very expensive brand. This is an example of the__________effect associated with the price-quality relationship
Fill in the blanks with correct word.
Which is TRUE about real estate agents' liability?
A. An agent will always be liable for disobeying a principal's instructions. B. An agent will not be liable for a tort committed at the direction of the principal. C. The principal will never be liable for acts of the agent after termination of the agency. D. An agent can be held liable for a tort committed by the agent during the agency.