Use the Following Information to Answer Questions Bellow $\text { Here is information for a county government: }$

Multiple Choice

Use the following information to answer Questions bellow:
$\text { Here is information for a county government: }$
$\begin{array}{|l|r|r|}\hline & {\text { Governmental funds }} & {\text { Enterprise funds }} \\\hline \text { Total assets and deferred outflows } & \$ 45,000,000 & \$ 102,000,000 \\\hline \text { Total liabilities and deferred inflows } & 16,000,000 & 48,000,000 \\\hline \text { Total revenues } & 250,000,000 & 280,000,000 \\\hline \text { Total expenditures /expenses } & 242,000,000 & 160,000,000\\\hline\end{array}$

$\text { The county has four capital projects funds, with the following characteristics: }$
$\begin{array}{|c|c|c|c|c|}\hline & \begin{array}{l}\text { Road } \\\text { fund }\end{array} & \begin{array}{l}\text { Bridges } \\\text { fund }\end{array} & \begin{array}{l}\text { Buildings } \\\text { fund }\end{array} & \begin{array}{l}\text { Equipment } \\\text { fund }\end{array} \\\hline \begin{array}{l}\text { Total assets and } \\\text { deferred outflows }\end{array} & \$ 8,000,000 & \$ 4,000,000 & \$ 3,500,000 & \$ 7,000,000 \\\hline \begin{array}{l}\text { Total liabilities and } \\\text { deferred inflows }\end{array} & 1,500,000 & 1,200,000 & 2,000,000 & 3,000,000 \\\hline \text { Total revenues } & 24,000,000 & 26,000,000 & 22,000,000 & 26,800,000 \\\hline \text { Total expenditures } & 28,000,000 & 23,000,000 & 20,000,000 & 26,000,000 \\\hline\end{array}$
-Which of these capital projects funds meet the first criterion for reporting as major funds in the governmental funds financial statements?

A) Road fund only
B) Road fund and equipment fund only
C) Road fund, bridges fund, and equipment fund
D) Road fund, bridges fund, buildings fund, and equipment fund