Individual fund financial information is reported in separate columns of governmental and proprietary fund financial statements for only those funds that meet the GASB size-related criteria as major funds.
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Q2: All capital assets acquired by or used
Q3: A debt service fund is used to
Q5: Governments must present three sets of fund
Q6: The governmental funds category includes the General
Q6: Because budgetary accounts are used by governments,their
Q10: In accounting for state and local governments
Q10: Governmental funds are identical to governmental activities,
Q12: Governments can, in part, demonstrate operational accountability
Q14: Expenditures are never recorded in governmental funds.
Q19: Economic resources are cash or items expected
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