A measure of the adequacy of the amount of the government's total unrestricted net position or deficit at the measurement date is: O Unrestricted net position (governmental activities and business-type activities) less unrestricted net position at the beginning of the year divided by beginning unrestricted n position. O Business-type activities revenues/business-type activities expenses. O Unrestricted net position/total revenues. ONet revenues/total expenses.

A measure of the adequacy of the amount of the government's total unrestricted net position or deficit at the measurement date is: O Unrestricted net position (governmental activities and business-type activities) less unrestricted net position at the beginning of the year divided by beginning unrestricted n position. O Business-type activities revenues/business-type activities expenses. O Unrestricted net position/total revenues. ONet revenues/total expenses.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

A measure of the adequacy of the amount of the government's total unrestricted net position or deficit at the measurement date is:
O Unrestricted net position (governmental activities and business-type activities) less unrestricted net position at the beginning of the year divided by beginning unrestricted net
position.
O Business-type activities revenues/business-type activities expenses.
O Unrestricted net position/total revenues.
O Net revenues/total expenses.

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