25. When can a not-for-profit organirat a) When the promise is made b) When the condition is substantially met c) When the cash is received d) None of the above ion record a conditional promise as revenue? 26. The Required Supplemental Information of the CAFR will normally appear in whic of the report? a) Introductory b) Financial e Statistical d) MD&A 27. The largest source of revenue for the Federal Govemenent comes from? a) Corporate income taxes b) Estate taxes e) Excise taxes d) Individual incoeme and withholding taxes 28. Which of the following funds are not included in the Govenment-Wide Statements? a) Internal Service Funds b) Permanent Funds c) Non-major Funds d) Agency Funds 29. The introductory section of a CAFR includes which of the following? a) Audior's opinion on the basic financial statements. b) Basic financial statements c) Letter of Transmittal d) MD&A and other RSI 30. Govemment-wide financial statements include which of the following? a) Balance Sheet and Income Statement b) Balance Sheet, Income Statement, and Statement of Cash Flows. e) Statement of Net Assets and Statement of Activities. d) Statement of Net Assets, Statement of Activities, and Statement of Cash Flows 31. Which of the following is generally considered to be a positive fiscal characteristic for a City? a) A high, or increasing. ratio of intergovenmental revenues to total revenues. b) A low percentage of restricted revenues to total revenues. c) A high proportion of one-time revenues to total revenues. d) A low ratio of property tax revenues to total revenues 32. Which of the following ratios would be of concem to a government? a) A high total revenues/total expenses ratio. b) A high government grants total revenues. c) A high current ratic. d) A low long-term debu/population