Question: Exercise 7 - 1 7 ( Static ) Part 7 Under GASB standards, which of the following events would be classified as an investing activity
Exercise Static Part
Under GASB standards, which of the following events would be classified as an investing activity on a proprietary fund's statement of cash flows?
Multiple Choice
Interest earned on certificates of deposit held by the proprietary fund.
Purchase of equipment for use by the proprietary fund.
Grant received to construct a building that will be used by the proprietary fund.
Prey
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