1.Which types of funds report the five categories of fund balance?

a. Governmental and proprietary funds

b. Proprietary and fiduciary funds

c. Fiduciary funds only

d. Governmental funds only

2.In what circumstance does a special revenue fund report an unassigned fund balance?

3.A county special revenue fund for special needs children is financed in its entirety by taxes set aside by the county budget for this purpose. The fund balance of the special revenue fund will be classified as:

a. Assigned

b. Nonspendable

c. Restricted

d. Committed