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    Business
  3. Study Set
    Accounting for Governmental
  4. Exam
    Exam 4: Accounting for Governmental Operating Activitiesillustrative Transactions and Financial Statements
  5. Question
    How Many General Funds May a Government Have
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How Many General Funds May a Government Have

Question 54

Question 54

Multiple Choice

How many general funds may a government have?


A) One.
B) Two.
C) As many as necessary to record its projects and activities.
D) None,this is not a fund type used by governments under GASBS 34.

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