Only general-purpose governments, like states, cities, counties, towns, and villages can be primary governments. Special purpose governmental entities, like school districts and hospitals, can never be primary governments.
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Q1: The GASB considers accountability as an important
Q2: Basic financial statements consist of government-wide financial
Q3: Minimum financial reporting requirements for general purpose
Q4: An example of a state's ability to
Q5: The relationships between two primary governments and
Q7: Management's Discussion & Analysis, one of several
Q8: An important part of management's discussion and
Q9: Governments should prepare financial statements by major
Q10: When preparing governmental fund financial statements for
Q11: Financial information for each major fund is
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