For What Funds Do Budgetary Comparisons Need to Be Presented

question 12

Multiple Choice

For what funds do budgetary comparisons need to be presented in connection with the basic financial statements?

• A) General Fund.
• B) General Fund and all major funds.
• C) All governmental funds with legally adopted annual budgets.
• D) General Fund and major special revenue funds for which a budget is legally adopted.

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Definitions:

Fixed-Ratio

A schedule of reinforcement where a response is reinforced only after a specified number of responses, leading to a high and steady rate of response.

Fixed-Interval

A schedule of reinforcement where the first response is rewarded only after a specified amount of time has elapsed, leading to a pattern of responses.

Primary

In psychology, often refers to primary reinforcers or stimuli, which are innately satisfying or desirable without learning.

Secondary

In psychology, refers to stimuli or reinforcers that acquire their effectiveness through association with primary reinforcers.