Which of the following would include a section for reporting long term debt? Group of answer choices The Government Wide Statement of Net Position and the Statement of Net Position for the Water and Sewer Fund The Government Wide Statement of Activities and the Statement of Net Position for the Water and Sewer Fund The Government Wide Statement of Net Position and the Balance sheet for the Debt Service Fund The Government Wide Statement of Activities and the Statement of Net Position for the Debt Service FundWhich of the following characteristics would not result in an organization being recognized as a government? Group of answer choices Upon dissolution, net resources would revert to a government body. Popular election of officials The ability to enforce a tax levy Owners are legally entitled to the assets of the organization

Answer rating: 100% (QA)

Reporting LongTerm Debt Include longterm debt The Government Wide Statement of Net Position GWNS for both the General Fund and the Water and Sewer Fun... View the full answer