A government always has only one

Select one:

A. Enterprise fund.

B. General fund.

C. Special revenue fund.

D. Capital projects fund.

A general fund's budgeted expenditures for the year are called:

Select one:

A. Fund balance deficits

B. Encumbrances

C. Estimated expenditures

D. Appropriations

The financial statements of a general fund include:

Select one:

A. A statement of cash flows.

B. A statement of changes in net position.

C. A statement of revenues, expenditures, and changes in fund balances.

D. A statement of revenues, expenses, and changes in net position.