Unlike the General Fund and other major governmental funds for which a budget is legally adopted, proprietary funds are not required by GASB standards to record budgets in their accounting systems, nor are they required to present a budgetary comparison schedule.

Question

Quizplus · Accepted Answer

Unlike the General Fund and other major governmental funds, proprietary funds are not required by GAAP standards to record budgets in their accounting systems or present a budgetary comparison schedule.

Unlike the General Fund and Other Major Governmental Funds for Which