Based on New Jersey 2019 Fiscal CAFR report

Type that in google search engine & the second result from nj.gov is the report questions are based on

2-1. Tune the Comprehenaive Annual Financial Regort obtained for (G) Exercise 1-1, answer the following queitions a Compare the items discussed in the MDSA in your CAFR with the lint of items in this chapter. Which topics litted in thin chapter are not in your CAFR? Which iopics are in your CAFR that are not listed in this chapter? Do you think your CAFT has a. reasonably complete discussion? 6. From the MDSA in your report, write a short summary of (1) the financial condition of your government, (2) a comparison of: revenuev campared with the prior year, (3) a comparivon of expenses compared with the prior year, and (4) a comparivon of budgered and actuai activity. c. From the Statement of Net Position, identify the following (1) uncestricted net position-governmental activies; (2) unretricted net position-businesvtype activities; (3) restricted net position by reatriction-bovernmental activities; (4) restricted net position by reitriction-businesstype activities and (5) unrestricted and restricted net position-component units (if any). d From the Statement of Activities, identify the following: (1) net program expense (or revenue)-governmental activities: (2) net program cxpense (or revenve)-business type activities; (3) net program expense (or revenue)-component units; (4) change in net. position-eovernmental activitiess (5) change in net position-businesstype activities, and (6) change in net position-component units. Does the ending net position in this statement agree with the net position figures in the Statement of Net Position? F. From the Statement of Revenues. Expenditures, and Changes in Fund Balances for Governmental Funds, identify the names of the major sovernmental funds, List the net change in fund balance for cach major fund. f. From the governmental fund statements, take one major fund (other than the General Fund) and prove, usine the io perecnt and 5 pereent criteria describcd in this chapter, that the fund is required to be reported as a major fund. 5. Fmm the Statement of Revenues. Expenses, and Changes in Fund Net Position, list the major enterprise funds. For cach. identify, (1) the operating income, (2) the income (loss) before contributions and transiers, and (3) the change in nct pesition. 2-1. Tune the Comprehenaive Annual Financial Regort obtained for (G) Exercise 1-1, answer the following queitions a Compare the items discussed in the MDSA in your CAFR with the lint of items in this chapter. Which topics litted in thin chapter are not in your CAFR? Which iopics are in your CAFR that are not listed in this chapter? Do you think your CAFT has a. reasonably complete discussion? 6. From the MDSA in your report, write a short summary of (1) the financial condition of your government, (2) a comparison of: revenuev campared with the prior year, (3) a comparivon of expenses compared with the prior year, and (4) a comparivon of budgered and actuai activity. c. From the Statement of Net Position, identify the following (1) uncestricted net position-governmental activies; (2) unretricted net position-businesvtype activities; (3) restricted net position by reatriction-bovernmental activities; (4) restricted net position by reitriction-businesstype activities and (5) unrestricted and restricted net position-component units (if any). d From the Statement of Activities, identify the following: (1) net program expense (or revenue)-governmental activities: (2) net program cxpense (or revenve)-business type activities; (3) net program expense (or revenue)-component units; (4) change in net. position-eovernmental activitiess (5) change in net position-businesstype activities, and (6) change in net position-component units. Does the ending net position in this statement agree with the net position figures in the Statement of Net Position? F. From the Statement of Revenues. Expenditures, and Changes in Fund Balances for Governmental Funds, identify the names of the major sovernmental funds, List the net change in fund balance for cach major fund. f. From the governmental fund statements, take one major fund (other than the General Fund) and prove, usine the io perecnt and 5 pereent criteria describcd in this chapter, that the fund is required to be reported as a major fund. 5. Fmm the Statement of Revenues. Expenses, and Changes in Fund Net Position, list the major enterprise funds. For cach. identify, (1) the operating income, (2) the income (loss) before contributions and transiers, and (3) the change in nct pesition