The financial statements prepared for fiduciary funds are

a. statement of fiduciary net position
b. statement of changes in fiduciary net position
c. statement of fiduciary cash flows
d. only a and b
e. only b and c

d

Business

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If the amount of a bond premium on an issued 11%, 4-year, $100,000 bond is $12,928, the semiannual straight-lineamortization of the premium is $1,416

a. True b. False Indicate whether the statement is true or false

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Most United States government agencies use the:

a. International Classification System Guide. b. Department of Commerce Standard Classification System. c. Standard Industrial Classification Manual. d. North American Industry Classification System.

Business