Question: 1.) Which governmental fund must always be reported in a separate column in the governmental fund financial statements? Select one: a. Capital Projects Fund. b.
1.) Which governmental fund must always be reported in a separate column in the governmental fund financial statements?
Select one:
a. Capital Projects Fund.
b. Debt Service Fund.
c. General Fund.
d. Special Revenue Fund.
2.) Major fund reporting is required for which of the following fund types?
Select one:
a. Enterprise Funds.
b. Internal Service Funds.
c. Agency Funds.
d. Private-Purpose Trust Funds.
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