The General Fund Is the Only Fund That Can Have

question 22

True/False

The General Fund is the only fund that can have a positive unassigned fund balance.

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Definitions:

Federal Laws

Legislation enacted by the national government that applies across an entire country.

Compliance

The act of adhering to laws, regulations, standards, and ethical practices applicable to an organization or activity.

Glass Ceiling

An invisible barrier that limits the advancement of certain groups, particularly women and minorities, within a corporate hierarchy.

Employee Referrals

A hiring method where existing employees recommend candidates for open positions within the organization, often rewarded with bonuses.