FAR Chapter 6 Government Funds Flashcards

1
Q

What are the three types of government funds?

A

Government funds
Proprietary funds
Fiduciary Funds

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

What are the types of government funds?

A

GPS CD

General funds
Permanent funds
Special revenue funds

Capital Projects funds
Debt Service funds

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

What are the type of proprietary funds

A

Internal service funds and enterprise funds

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

What are the type of fiduciary(trust) funds?

A

PIP CO
Pension trust funds
Investment funds
Private purpose funds
Custodial trust funds
Other employee benefit funds

How well did you know this?
1
Not at all
2
3
4
5
Perfectly