The Total Fund Balances Reported in the Total Column of the Fund

question 110

True/False

The total fund balances reported in the total column of the fund basis statements must be reconciled to the total net assets presented in the governmental activities column of the government-wide Statement of Net Assets

---

Definitions:

Personal Email

An email account used for non-commercial, private communication, as opposed to a business or professional email address.

Secure Password

A strong password that is hard to guess or crack, typically including a mix of letters, numbers, and symbols.

Social Security Card

An official document issued by the government that contains a unique identification number for accessing social security benefits and services.

M-commerce App

A mobile application designed to facilitate electronic commerce activities through smartphones and tablets.