Question: Major Funds Olean County uses the following capital projects funds for acquisition or construction of capital facilities: Total balances for governmental, enterprise, internal service, and

Major Funds Olean County uses the following capital projects funds for

Major Funds Olean County uses the following capital projects funds for acquisition or construction of capital facilities: Total balances for governmental, enterprise, internal service, and fiduciary funds are: Required Which of the capital projects funds, if any, are reported as major funds in Olean County's ACFR? Show calculations clearly. Which funds would be reported separately as a major fund? 1. Buildings, equipment, and improvements 2. Highways, roads, bridges and equipment 3. Olean County Medical Center 1. only 2. only 3. only both 1. and 3 . both 2 and 3 . Major Funds Olean County uses the following capital projects funds for acquisition or construction of capital facilities: Total balances for governmental, enterprise, internal service, and fiduciary funds are: Required Which of the capital projects funds, if any, are reported as major funds in Olean County's ACFR? Show calculations clearly. Which funds would be reported separately as a major fund? 1. Buildings, equipment, and improvements 2. Highways, roads, bridges and equipment 3. Olean County Medical Center 1. only 2. only 3. only both 1. and 3 . both 2 and 3

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