The ______ Fund accounts for all resources other than those required to be accounted for in other funds.
A) Special revenue
B) General
C) Enterprise
D) Agency

Question

Quizplus · Accepted Answer

The General Fund is the fund that accounts for all resources other than those required to be accounted for in other funds. Special Revenue Funds are used for specific revenue sources, Enterprise Funds are used for businesses run by the government, and Agency Funds are used to account for resources held by the government in a custodial capacity.

The ______ Fund Accounts for All Resources Other Than Those