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Use teh following information to determine whether the fire house capital projects fund should be reported as a major fund based on expenditure amounts provided
Use teh following information to determine whether the fire house capital projects fund should be reported as a major fund based on expenditure amounts provided
Fire house capital project fund expenditures $
General Fund expenditures $
Total of all governmental fund expenditures $
Total of enterprise fund expenditures $
A Yes, it is more than of the General Fund expenditures.
B No it is less than of the total governmental fund expenditures.
C Yes, it is more than of the total governmental fund expenditures.
D There is insufficient information to determine if the major fund criteria are met.
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