Funds Other Than the General Fund Must Be Considered a Major

question 29

Multiple Choice

Funds other than the General Fund must be considered a major fund when

• A) Total assets, liabilities, revenues, or expenditures/expenses of that fund constitute 10 percent of either the governmental or enterprise category.
• B) Total assets, liabilities, revenues, or expenditures/expenses of that fund are 5 percent of the total of the governmental and enterprise category.
• C) Conditions of either A or B exist.
• D) Conditions of both A and B exist.

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Definitions:

Global North

A term referring to the world's wealthy, developed countries, mostly located in the Northern Hemisphere.

Geopolitics

The study of the effects of geography (human and physical) on international politics and international relations.

Hyphenated-Canadian Syndrome

A term referring to the identity phenomena where individuals of immigrant descent in Canada identify with both their ethnic heritage and their Canadian identity, often represented with a hyphen (e.g., Indo-Canadian).

Global Citizenship

A concept involving the understanding of global issues, recognizing interconnectedness among nations and cultures, and taking active roles in addressing global challenges.