Multiple Choice
Which of the following is true regarding fund classifications?
A) Governmental funds include the General, special revenue, debt service, capital projects and permanent
B) Proprietary funds include enterprise, internal service and private-purpose
C) Both of the above
D) Neither of the above
Correct Answer:

Verified
Correct Answer:
Verified
Q7: The Governmental Accounting Standards Board considers the
Q12: The GASB is under the oversight of:<br>A)
Q23: Contrast the economic resources measurement focus and
Q40: One objective of the Governmental Accounting Standards
Q59: An organization is presumed to be governmental
Q79: Governmental activities fund statements must be changed
Q85: A city government sells police cars no
Q88: Fiduciary funds are to use the:<br>A) Economic
Q119: Permanent funds can be either a governmental
Q128: The Federal Accounting Standards Advisory Board requires