. . Q.85. The term 'current financial resources" refers to: . The current value of all net assets owned by the governmental unit. The government's current assets and current liabilities. Financial resources used to provide electricity to local citizens. Those assets that can quickly be converted into cash. Assets that are available to be used for current expenditures. . Q.94. Which of the following is normally viewed as an adjustment to the principal of an estate? Property taxes. Major repairs to rental property Insurance expenses. Ordinary repair expenses. Utility expenses 0.30.Which of the following is not a step in reporting a pension liability? The present value of amounts attributable to past periods of employee service is determined in order to arrive at the government's obligation at the present time. Excess liability balance is shown in the government-wide financial statements as a net pension asset. Excess liability balance is shown in the government-wide financial statements as a net pension liability The portion of those payments that are attributable to past periods of employee service is calculated. The pension benefit payments that will ultimately be required are estimated by an actuary