Explain the following as they relate to Governmental Accounting:

E: What funds follow the flow of economic resources and accrual accounting

F: Major fund reporting and the two tests

G: Major sections of a CAFR

H: Basic financial statements

I: Required Supplementary Information

J: How to record budgets and encumbrances

K: How to classify fund balance

L: Revenue and expenditure recognition

M: Interfund transactions

N: Accounting for inventories

O: Debt refunding