1.Classifications of fund balance on the reports its operating results sheet includeall but which oneof the classifications below?

A. Reserved

B. Nonspendable

C. Committed

D. Assigned

2.A county's general fund has $4,000,000 in supplies on hand at the start of 2020. It purchases $25,000,000 in supplies and uses supplies costing $26,000,000 during 2020.

If the county uses the consumption method to report supplies inventories, what balances appear in the general fund financial statements for 2020?

A. Expenditures of $26,000,000 and fund balancenonspendable of $3,000,000

B. Expenditures of $25,000,000 and fund balancenonspendable of $3,000,000

C. Expenditures of $25,000,000 and no nonspendable fund balance

D. Expenditures of $26,000,000 and no nonspendable fund balance

3.At the beginning of 2020, the balance sheet of a county general fund reports $500,000 in property taxes receivable from 2019, of which $350,000 are considered uncollectible. During 2020 the county sends out tax bills in the amount of $10,000,000, of which $600,000 are expected to be uncollectible. Cash collections on 2019 taxes are $140,000, and the remaining uncollected taxes are written off. Cash collections on 2020 taxes are $9,500,000. Of the $500,000 uncollected at the end of 2020, $100,000 are expected to be collected within 60 days, $65,000 are expected to be collected more than 60 days after year-end, and the rest are uncollectible.

The general fund's balance sheet at the end of 2020 will include:

A. Deferred inflows of $165,000

B. Property taxes receivable, net of uncollectibles, of $500,000

C. Deferred inflows of $65,000

D. Property taxes receivable, net of uncollectibles, of $100,000