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1 . Give examples of permanent fund. What characteristics classify them as permanent funds? 2 . Give examples of state CAFR that report permanent funds.

1. Give examples of permanent fund. What characteristics classify them as permanent funds?

2. Give examples of state CAFR that report permanent funds. What categories do the states report as permanent funds?

3. What is the difference between an enterprise fund and a permanent fund?

4. Give examples of special assessments. Why are they considered special assessments?

5. Give examples of state CAFR that report enterprise funds and internal service funds. What categories do the states report as enterprise funds and internal service funds?

6. The proprietary fund account statement of cash flows is different than the statement of cash flows required for business organizations. What are the main differences?

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