Q19:

Which of the following is not a fund category used by state and local governments?

a.

Governmental funds

b.

Proprietary funds

c.

Current funds

d.

Fiduciary funds

Q20:

During the current year, Wythe County levied $2,000,000 property taxes, 1% of which is expected to be uncollectible. During the year, the county collected $1,800,000 and wrote off $15,000 as uncollectible. What amount should Wythe County report as property tax revenue in its government-wide statement of activities for the current year?

a.

2,000,000

b.

1,965,000

c.

1,800,000

d.

1,980,000