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Problem 2: Major and nonmajor fund questions Questions 1-5 are based on the 2020 CAFR for the Village of Arlington Heights. Answer True or

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Problem 2: Major and nonmajor fund questions Questions 1-5 are based on the 2020 CAFR for the Village of Arlington Heights. Answer True or False 1. The Village reported 3 major governmental funds. 2. The Village reported 5 nonmajor internal service funds. 3. The Village reported 2 nonmajor enterprise funds. 4. The Village reported 14 nonmajor governmental funds. 5. The Village reported 2 nonmajor fiduciary funds.

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