Government Acc/reporting

Question 1

Governmental fund

Answer 1

Modified Accual Basis and Current Financial Resources

Question 2

General Fund

Answer 2

Modified Accrual Basis and Current Financial Resources(GF)

Question 3

Special Revenue Funds

Answer 3

Modified Accual Basis and Current Financial Resources(GF)

Question 4

Capital Project Funds

Answer 4

Modified Accual Basis and Current Financial Resources(GF)

Question 5

Debt Service Funds

Answer 5

Modified Accual Basis and Current Financial Resources(GF)

Question 6

Permanents Funds

Answer 6

Modified Accual Basis and Current Financial Resources(GF)

Question 7

Proprietary Funds

Answer 7

Accrual Basis and all economic resources

Question 8

Enterprise Funds

Answer 8

Accrual Basis and all economic resources(PF)

Question 9

Internal Service Funds

Answer 9

Accrual Basis and all economic resources(PF)

Question 10

Fiduciary Funds

Answer 10

Accrual Basis and all economic resources

Question 11

Pension (and other employee benefit) trust funds

Answer 11

Accrual Basis and all economic resources(FF)

Question 12

Investment Trust Funds

Answer 12

Accrual Basis and all economic resources(FF)

Question 13

Private Purpose Trust Funds

Answer 13

Accrual Basis and all economic resources(FF)

Question 14

Custodial Funds

Answer 14

Accrual Basis and all economic resources(FF)

Question 15

government-wide financial statements

Answer 15

Full accrual accounting and economic resources measurement focus