Question: Please answer correctly for a thumbs up :) Question 3: Activities that primarily provide goods and/or services during the year to other departments and divisions

Please answer correctly for a thumbs up :)

Question 3: Activities that primarily provide goods and/or services during the year to other departments and divisions of the same SLG

a.

Are reported in an SLG's Fiduciary Funds financial statements

b.

Are accounted for during the year in Internal Service Funds, and are reported as either Business-Type Activities or Government Activities in the Government-wide Statement of Activities

c.

Are accounted for during the year in Enterprise Funds and are reported as Business-Type Activities in the Government-wide Statement of Activities

d.

Are not included in year-end Government-wide financial statements

QUESTION 4

  1. The minimum requirements for SLG year-end external purpose financial reporting in accordance with GAAP

    a.

    Do not include Fiduciary Fund Financial Statements

    b.

    Do not include Basic Financial Statements

    c.

    Include Management's Discussion and Analysis and Other Required Supplementary Information

    d.

    Include Major Fund Reporting for Internal Service Funds

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