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True or false: 1 . ) The general fund is used to carry out the general purposes of the federal government, rather than being restricted

True or false: 1.)The general fund is used to carry out the general purposes of the federal government, rather than being restricted by law to a specific program. 2.)The statement of net cost for the federal government is prepared in the same format as the government-wide statement of activities prepared by state and local governments. 3.) A nonprofit museums gift shop sales revenue is an example of an exchange-based revenue that would be accounted for following FASB Topic 606.4.)When a governmental hospital receives donations of supplies, such as of syringes, it should recognize contribution revenue equal to the amount the donor paid for the supplies. Thank you

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