With respect to fund basis financial statements, a government may only designate a fund to be a major fund if it meets the size thresholds established by GASB.
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Q1: The introductory and statistical sections of a
Q2: Combining statements are required whenever a non-major
Q4: A Comprehensive Annual Financial Report CAFRwould include
Q5: The statistical section of the CAFR contains
Q6: When preparing fund basis financial statements, any
Q7: With respect to fund basis financial statements,
Q8: Fiduciary fund statements are prepared using the
Q9: The General Fund is not always considered
Q10: In addition to the government-wide statements, governments
Q11: Governmental fund statements are prepared using the
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