The GASB Requires Budget-To-Actual Comparison Information for Which of the Following

question 32

Multiple Choice

The GASB requires budget-to-actual comparison information for which of the following?

• A) The General Fund.
• B) All governmental funds.
• C) The General Fund and major special revenue funds with legally adopted budgets.
• D) All special revenue, debt service and capital projects funds with legally adopted budgets.

---

Definitions:

Sweden

A Scandinavian country known for its significant contributions to global innovation, social welfare, and environmental policy.

Localization

The process of adapting certain functions to accommodate the language, culture, or governing laws of a country.

Governing Laws

A set of legal rules that regulate behavior and ensure order within a society or specific areas of activity.

Adapting

The process of changing or adjusting in response to new conditions or environments.