Under GASB standards,the financial statements that report on business-type activities at the government-wide level include the statement of net assets,statement of activities,and statement of cash flows.

Question

Quizplus · Accepted Answer

The government-wide statements of net assets and statement of activities will have a column to represent business-type activities; however, there is no requirement to present a statement of cash flows in the government-wide statements.

Under GASB Standards,the Financial Statements That Report on Business-Type Activities