True/False
With respect to fund basis financial statements, a government may designate any fund to be a major fund if reporting that fund separately would be useful.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q37: Only governmental fund statements include separate columns
Q38: Which of the following is true regarding
Q39: Under GASB rules for the financial reporting
Q40: Which of the following is not true
Q41: Which of the following is true regarding
Q43: Which of the following Sections of the
Q44: Blending of financial information is done when
Q45: An example of an expenditure classification by
Q46: In addition to the government-wide statements, governments
Q47: Which of the following is true regarding