Which of the following best describes the recommended format for the government-wide statement of activities?
A)Program revenues minus expenses minus other revenues and expenses equals change in net assets.
B)Program revenues plus general revenues minus expenses equals change in net assets.
C)Program revenues minus expenses plus general revenues equals change in net assets.
D)Expenses minus program revenues plus general revenues equals change in net assets.

Question

Quizplus · Accepted Answer

The Answer of Which of the following best describes the recommended format for the government-wide statement of activities?
A)Program revenues minus expenses minus other revenues and expenses equals change in net assets.
B)Program revenues plus general revenues minus expenses equals change in net assets.
C)Program revenues minus expenses plus general revenues equals change in net assets.
D)Expenses minus program revenues plus general revenues equals change in net assets.

Which of the Following Best Describes the Recommended Format for the Government-Wide