Fund Financial Statements Include Which of the Following for a Governmental

question 6

Multiple Choice

Fund financial statements include which of the following for a governmental fund?

• A)Statement of Net Assets and Statement of Changes in Net Assets.
• B)Statement of Net Assets, Statement of Changes in Net Assets, and Statement of Cash Flows.
• C)Balance Sheet; Statement of Revenue, Expenditures, and Changes in Fund Balance; and Statement of Cash Flows.
• D)Balance Sheet; and Statement of Revenue, Expenses, and Changes in Fund Balance.

---

Definitions:

Preterm Infant

An infant born before completing the standard 37 to 42 weeks of gestation, often requiring specialized medical care.

Breathing Reflexes

Automatic and involuntary responses that control breathing, such as the reflex that regulates the rate and depth of breathing in response to oxygen and carbon dioxide levels in the blood.

Cognitive Functioning

The capacity of the brain to process, reason, remember, and relate information; a broader term encompassing various cognitive skills.

School Achievement

The measure of academic performance and completion of educational benchmarks, often assessed through grades, test scores, and diplomas or degrees earned.