Multiple Choice
Which of the following are governmental funds?
A) Agency and Permanent
B) Enterprise and Debt Service
C) Debt Service and Capital Project
D) Internal Service and Special Revenue
Correct Answer:
Verified
Correct Answer:
Verified
Q125: What are Enterprise funds used for?<br>A) To
Q126: Governments must have as many funds as
Q127: The term "fiduciary funds" applies to:<br>A) enterprise
Q128: The Federal Accounting Standards Advisory Board requires
Q129: The _ Funds are used when resources
Q131: Which fund category must change from modified
Q132: Government-wide statements use the:<br>A) current financial resources
Q133: Under GASB, accrual accounting is used for:<br>A)
Q134: The economic resource measurement focus and accrual
Q135: The term "proprietary funds" applies to:<br>A) all