Question: a . Governmental Activities, Government - wide Level. Answer the following questions. ( 1 ) Are governmental activities reported in a separate column from business
a Governmental Activities, Governmentwide Level. Answer the following questions. Are governmental activities reported in a separate column from businesstype activities in the two governmentwide financial statements? Are assets and liabilities reported either in the relative order of their liquidity or on a classified basis on the statement of net position? Are deferred outflows of resources or deferred inflows of resources reported? If so are they presented apart from assets and liabilities? Is information on expenses for governmental activities presented at least at the functional level of detail? Are program revenues segregated into a charges for services, b operating grants and contributions, and c capital grants and contributions on the statement of activities?
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