SETON HALL UNIVERSITY
FINANCIAL REPORTING (BACC 7100)
Answers to all questions must be made on your examination. Scratch paper may not be used.
Programmable calculators are not allowed.
You may use the bac
1. Austin Texas- CAFR2012
Eight funds operated for capital improvement ventures.
No governmental fund on the balance sheet
Small adjoining funds used for capital improvement.
2. Two debt service funds
General obligation debt service
Exam 4 Version A - 12/2/14
A property dividend is when we distribute any asset, other than cash, to owners of
the corporation. In this case, Houser Corporation is distributing its investment in