d. Pension trust. 188. A nongovernmental not-for-profit organization's statement of activities is similar to which of the fol- lowing for-profit financial statements? a. Balance sheet. b. Statement of cash flows. c. Statement of retained earnings. d. Income statement.
d. Pension trust. 188. A nongovernmental not-for-profit organization's statement of activities is similar to which of the fol- lowing for-profit financial statements? a. Balance sheet. b. Statement of cash flows. c. Statement of retained earnings. d. Income statement.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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sub= 24

Transcribed Image Text:03:12:27
30: 0.07 yoD :4G..l 52
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media.cheggcdn.com/media/9de/9de :
187. Which of the following funds should be reported
as part of local government's governmental activities
column in its government-wide statements?
a. Debt service
b. Agency
c. Private-purpose trust.
d. Pension trust.
188. A nongovernmental not-for-profit organization's
statement of activities is similar to which of the fol-
lowing for-profit financial statements?
a. Balance sheet.
b. Statement of cash flows.
c. Statement of retained earnings.
d. Income statement.
->
3 |
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