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.	Statement of Net Position, Statement of Changes in Revenues, Expenses and Changes in Fund Net Position, and Statement of Cash Flows
   	c.	Balance Sheet, Operating Flows Statement, and Statement of Changes in Net Position
   	d.	Statement of Fund Net Position, Statement of Revenues, Expenditures and Changes in Fund Net Position, and Statement of Cash Flows

2. An Enterprise Fund issued $45 million of 4%, 10-year bonds at par to pay for the construction of a new airport runway. The bond issuance should be

   	a.	Reported on the Enterprise Funds Statement of Revenues, Expenditures and Changes in Fund Net Position
   	b.	Reported on the Enterprise Funds Statement of Revenues, Expenses and Changes in Fund Net Position
   	c.	Reported in a capital projects fund and the GLTL
   	d.	Reported on the Enterprise Funds Statement of Net Position