A Governmental Entity Has a General Fund, Four Special Revenue

question 34

Multiple Choice

A governmental entity has a General Fund, four Special Revenue Funds, two Debt Service Funds, a Permanent Fund, two Enterprise Funds, three Internal Service Funds, and two Pension Trust Funds. Using the criteria from GASB Statement No. 34 to identify major funds, the government discovers that two of the Special Revenue Funds and one Enterprise Fund meet the minimum criteria to be a major fund. How many individual governmental funds may be reported as major funds?

• A) Four (4).
• B) Eight (8).
• C) Ten (10).
• D) Fifteen (15).

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Definitions:

NK Cells

Natural Killer cells, a type of lymphocyte (white blood cell) part of the innate immune system, involved in the body's defense against tumors and virally infected cells.

General Adaptation Syndrome

A model describing the body's short-term and long-term reactions to stress, consisting of the alarm reaction, stage of resistance, and stage of exhaustion.

Stress Appraisal

The process by which individuals evaluate and cope with a stressful event, determining its significance and how to manage it.

Sympathetic Nervous System

Part of the autonomic nervous system that activates the body's resources for emergencies, producing a 'fight or flight' response.