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Which of the following is true regarding financial reporting of governmental funds? Multiple Choice The Fund Balance of governmental funds reports fund balance as per

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Which of the following is true regarding financial reporting of governmental funds? Multiple Choice The Fund Balance of governmental funds reports fund balance as per spendable, restricted, committed, assigned and unassigned Governmental funds include the General Fund, special revenue units, capital projects funds, debt service funds, and permanent funds. Both the Fund Balance of governmental funds reports fund balance as per spendable, restricted, committed, assigned and unassigned and Governmental funds include the General Fund, special revenue units, capital projects funds, debt service funds, and permanent funds. Neither the Fund Balance of governmental funds reports fund balance as per spendable, restricted, committed, assigned and unassigned nor Governmental funds include the General Fund, special revenue units, capital projects funds, debt service funds, and permanent funds

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