Higher education institutions that report as special purpose entities engaged in business-type activities only should report the same net asset classifications (invested in capital assets,net of related debt,restricted,unrestricted)as are reported in the government-wide statement of net assets.

Question

Quizplus · Accepted Answer

Higher education institutions that report as special purpose entities engaged in business-type activities only should report the same net asset classifications as are reported in the government-wide statement of net assets, which include invested in capital assets net of related debt, restricted, and unrestricted.

Higher Education Institutions That Report as Special Purpose Entities Engaged