A City Has, in Addition to the General Fund, Three

question 49

Multiple Choice

A city has, in addition to the General Fund, three other governmental funds. Two of those three governmental funds have been deemed to be major funds. At most, how many funds may be reported as major funds?

• A) One (1).
• B) Two (2).
• C) Three (3).
• D) Four (4).

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Definitions:

Interactions

Exchanges or communications between two or more entities, often referring to people, systems, or organizations.

Processes

A sequence of activities or measures implemented to reach a specific goal.

Collaborative Writing

The practice of multiple individuals working together to produce a single document or piece of content.

Parliamentary

Relating to a parliamentary system of government or its procedures.