2a.)

The process of blending is accomplished by reporting component unit's assets, liabilities, revenues and expenses in which of the following manners?

A.) the component's unit's financial data are reported in the notes to the financial statements

B.) the component's unit's financial data are reported in a seperate column of the financial statements

C.) the component's unit's financial data are reported in a fiduciary fund

D.) the component's unit's financial data are reported as a part of the primary government

2b.)

Which of the following statements is true regarding the manner in which Internal Service Fund Assets and Liabilities are reported in the government-wide statements?

A.)Internal Service Fund Assets and Liabilities are combined with the governmental funds on the government-wide statements

B.)Internal Service Fund Assets and Liabilities are reported as a seperate column

C.)Internal Service Fund Assets and Liabilities are combined with the enterprise funds and reported on the government-wide statements as business activities

D.) None of the Above

2c.)

In a recent general election, the citizens of a county voted to approve the county to build a public swimming pool facility. The plan specified that fees charged to the public for using the facility would be used to cover the cost of building and operating the pool and to generate revenue to replace equipment as needed. In what type of fund should the city report activities and costs related to the facility?

A.) General Fund. the facility was approved by the criteria

B.)Enterprise fund. a fee designed to recover all costs will be charged those who use the facility

C.) Capital Projects Fund. the fees will cover the cost of building and acquiring equipment

D.) Internal Service Fund. the facility will require transfers among funds of the same government

2d.)

City of Alcoa reports a statement of cash flows in its recent CAFR. This statement of cash flows is related to

A.) only governmental funds

B.) only enterprise funds

C.) only government-wide statements

D.) There is no statement of cash flows in governmental reports