A city has, in addition to the General Fund, three other governmental funds. Two of those three governmental funds have been deemed to be major funds. At most, how many funds may be reported as major funds?
A) One (1) .
B) Two (2) .
C) Three (3) .
D) Four (4) .
Correct Answer:
Verified
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A) In governmental
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Q38: The government-wide financial statements do not include
A)
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