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Required period-end financial statements for an Internal Service Fund include a. GASB does not require period-end financial statements be prepared for Internal Service Funds b.

  1. Required period-end financial statements for an Internal Service Fund include

    a.

    GASB does not require period-end financial statements be prepared for Internal Service Funds

    b.

    Balance Sheet, Operating Flows Statement, and Statement of Changes in Net Position

    c.

    Statement of Fund Net Position, Statement of Revenues, Expenditures and Changes in Fund Net Position, and Statement of Cash Flows

    d.

    Statement of Net Position, Statement of Changes in Revenues, Expenses and Changes in Fund Net Position, and Statement of Cash Flows

  2. Which of the following is a Proprietary Fund?

    a.

    A Permanent Fund

    b.

    An Investment Trust Fund

    c.

    The General Fund

    d.

    An Enterprise Fund

  3. Which of the following may be required to be classified as general government long-term debt and recorded in the GCA even if thier maturity is less than one year?

    a.

    Bond Anticipation Notes

    b.

    Grant Administration Notes

    c.

    Tax Anticipation Notes

    d.

    Bond Authority Notes

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