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QUESTION 9 Assume the City of Nashville's governmental funds have total assets of $5 billion, and its proprietary funds have total assets of $1 billion.

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QUESTION 9 Assume the City of Nashville's governmental funds have total assets of $5 billion, and its proprietary funds have total assets of $1 billion. Which of the following would NOT be considered a "major" fund? The general fund, which has total assets of $600 million A water supply enterprise fund, with total assets of $400 million A conference center enterprise fund, with total assets of $350 million A special revenue fund with assets of $400 million

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