Business, 01.10.2019 05:10 MsTasha06

Which of the following is not true regarding the statement of revenues, expenses, and changes in net position for a public college? multiple choice
a. auxiliary enterprise activities represent revenues and expenses related to units of the college that provide services to students on a user fee basis and is classified as operating revenue.
b. reimbursement type grants are recorded as operating revenue when qualifying expenses are made.
c. student financial aid is a revenue contra account.
d. all of the above are true.

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Which of the following is not true regarding the statement of revenues, expenses, and changes in net...

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