Which of the Following Governmental Funds Must Be Reported as a Major

question 58

Multiple Choice

Which of the following governmental funds must be reported as a major fund?

• A) The General Fund.
• B) Any fund with total assets, liabilities, revenues, or expenditures that are 10% or more of the General Fund and 5% or more of total General Fund and Business-type Activities.
• C) The government may opt to include or exclude any fund it choses as a major fund.
• D) Only the General Fund and special revenue funds that meet the 10% and 5% size criteria.

---

Definitions:

Shape

The external form or appearance of an object or a molecule determined by its spatial arrangement.

D Orbitals

A type of atomic orbital with a characteristic clover shape, involved in bonding in elements beyond the first twenty.

Shape

In chemistry, this often refers to the geometric arrangement of atoms in molecules or the spatial form of a molecule.

Electron Orbital

A mathematical function that describes the wave-like behavior of either one electron or a pair of electrons in an atom.