Jay County Has Designated the General Fund as the Single

Multiple Choice

Jay County has designated the General Fund as the single fund to account for its self-insurance activities. What is the maximum amount that can be charged to expenditure in the general fund related to the self-insurance activities?

A) The amount of "premium" charged to the other funds.
B) The amount of actual claims expenditures.
C) The actuarially determined amount necessary to cover claims, expenditures, and catastrophic losses.
D) The amount transferred from other funds and activities to the general fund for self-insurance purposes.