A Local Government's Basic Financial Statements Would Include a Statement

question 46

Multiple Choice

A local government's basic financial statements would include a statement of cash flows for all

• A) proprietary fund types.
• B) governmental fund types.
• C) fund types.
• D) fiduciary fund types.
• E) A statement of cash flows is not required for any fund types.

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Definitions:

Device Driver

Software that allows higher-level computer programs to interact with a hardware device.

Printer

A device that transfers text and graphics from a computer onto paper or other media, producing physical copies of digital documents.

Internet

A global network of computers and servers that allows for the exchange of data, communication, and access to information across the world.

ROM Chips

Non-volatile memory chips that permanently store instructions for computing devices; ROM stands for Read-Only Memory.