Name the two major categories of funds reported in the U.S.Government consolidated statement of operations and changes in net position?
A) budgetary funds and proprietary funds
B) General Fund and Trust Funds
C) non-earmarked funds and earmarked funds
D) appropriated funds and non-appropriated funds
Correct Answer:
Verified
Q8: (Matching)
Match the entity that takes the
Q9: When a federal agency receives supplies that
Q10: If a federal agency were to take
Q11: What is the name of the entity
Q12: When do federal agencies make an entry
Q14: Which of the following actions will reduce
Q15: When are expenses and liabilities recognized for
Q16: What is the rule regarding depreciation of
Q17: Which one of the following actions requires
Q18: What basis of accounting is used in
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