All Governments must have as many funds as necessary to fulfill legal requirements and sound financial administration but must have at a minimum a General Fund.
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Q2: FASAB, GASB and FASB standards are set
Q5: The GASB requires supplementary information to be
Q6: The Financial Accounting Standards Board sets financial
Q6: An organization is presumed to be governmental
Q7: The Federal Accounting Standards Advisory Board and
Q9: Although certain supplementary information may not be
Q10: The Federal Accounting Standards Advisory Board requires
Q17: The Financial Accounting Standards Board sets financial
Q19: The FASAB requires more financial statements than
Q20: The Governmental Accounting Standards Board considers the
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