Expenditures And General Capital Assets

Option #1: GASB Statement 34 and Reporting of Expenditures and General Capital Assets

Provide complete answers to the following:

  1. What conditions must be satisfied in order to use the modified approach for recording infrastructure?
  2. With regard to the government-wide statements, indicate the three categories of Net Position that should be reported, and describe what would be put into each category.
  3. With regard to the government-wide statements, distinguish between program revenues and general revenues.  List three examples of each.  What is the difference in reporting between program revenues and general revenues?

Paper Requirements:

  • Submit your responses to the questions in a one- to two-page document in MSWord. Label each question clearly. For computations, please include them in a table.
  • For written answers, please make sure your responses are well written.
  • Follow the CSU-Global Guide to Writing & APA Requirements.
  • The required number of pages for the assignment does not include the title page and references page.
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)