CARF Can be found at: https://www.carrollcountymd.gov/government/directory/comptroller/prior-years-annual-comprehensive-financial-reports/2020-comprehensive-annual-financial-report/ Proprietary Funds (1) How many major enterprise funds does the entity
Question:
CARF Can be found at: https://www.carrollcountymd.gov/government/directory/comptroller/prior-years-annual-comprehensive-financial-reports/2020-comprehensive-annual-financial-report/
Proprietary Funds
(1)How many major enterprise funds does the entity maintain (if any)?
(2) Are all the major enterprise funds operating at a profit (Operating Income)?
(3) Does the entity maintain any internal service funds (major and/or nonmajor)?
(4) Do the financial statements include a statement of cash flows for proprietary funds? If so, is the direct method or indirect method used?
Fiduciary Funds
(1)There are four types of fiduciary funds. Does this entity maintain all four types?
(2) What are the purposes of the entity's fiduciary funds?
Other
(1)What is the financial condition of the government you selected?
For example, compare current revenues and expenses with the prior year.
Compare the budgeted amounts with the actual amounts.
Accounting for Governmental and Nonprofit Entities
ISBN: 978-1259917059
18th edition
Authors: Jacqueline L. Reck, James E. Rooks, Suzanne Lowensohn, Daniel Neely