_____ For a public C&U, a statement of cash flows is required only if the public C&U is
A) Engaged only in governmental activities.
B) Engaged only in business-type activities.
C) Engaged (1) in both governmental activities and business-type activities or (2) only in and business-type activities.
D) None of the above-a cash flow statement is always required.
E) None of the above-a cash flow statement is never required.

Question

_____	For a public C&U, a statement of cash flows is required only if the public C&U is
A) Engaged only in governmental activities.
B) Engaged only in business-type activities.
C) Engaged (1) in both governmental activities and business-type activities or (2) only in and business-type activities.
D) None of the above-a cash flow statement is always required.
E) None of the above-a cash flow statement is never required.

Quizplus · Accepted Answer

A statement of cash flows is required for public colleges and universities (C&U) that are engaged in both governmental and business-type activities or only in business-type activities.

_____ for a Public C&U, a Statement of Cash Flows Is