A Major Governmental Fund Is One That Has One or More

question 9

Multiple Choice

A major governmental fund is one that has one or more elements (e.g., assets, liabilities, revenues, or expenditures) that is at least:

• A) Five percent of the corresponding element(s) of total governmental funds and 10 percent of the corresponding element(s) of total governmental and enterprise funds combined.
• B) Ten percent of the corresponding element(s) of total governmental funds and 10 percent of the corresponding element(s) of total governmental and enterprise funds combined.
• C) Five percent of the corresponding element(s) of total governmental funds and five percent of the corresponding element(s) of total governmental and enterprise funds combined.
• D) Ten percent of the corresponding element(s) of total governmental funds and 5 percent of the corresponding element(s) of total governmental and enterprise funds combined.

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Definitions:

Foreign Keys

Database elements that establish a relationship between tables by referencing the primary key of another table, ensuring data consistency.

KMS Cycle

Knowledge Management System Cycle, which refers to the process of creating, sharing, using, and managing the knowledge and information of an organization.

KMS Cycle

Knowledge Management System Cycle, which refers to the processes of creating, sharing, using, and managing the knowledge and information of an organization.

Process Diagram

A visual representation of the steps, sequences, and processes involved in the operation or flow of a specific system or procedure.