Question
4-l Examine the CAFR. Using San Diego County. Utilizing the co mprehensive annual financial report obtained for Exercise 1- 1, follow these instructions. a. Governmental
4-l Examine the CAFR. Using San Diego County. "Utilizing the co mprehensive annual financial report obtained for Exercise 1- 1, follow these instructions. a. Governmental Activities, Government-wide Level . Answer the following questions. (1) Are governmental activities reported in a separate column from ,business-type activities in the two government-wide financial statements? (2) Are assets and liabilities repo11ed either in the relative order of their liquidity or on a classified basis on the statement of net position? (3) 1s information on expenses for governmental activities presented at least at the functional level of detail? (4) Are progmm revenues segregated into (a) charges for services, (b) operating grants and contributions, and (c) capital grants aud co ntributions on the statement of activities?
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