Which of the following is true with respect to the General Fund?

Multiple Choice

The General Fund is not reported as part of the CAFR.

The General Fund is considered to be a major fund when preparing fund basis financial statements if it bears a financial benefit or burden to the primary government.

The General Fund is always considered to be a major fund when preparing fund basis financial statements.

The General Fund is considered to be a major fund if the combined total of assets, liabilities, revenues and expenses exceeds $10\%$ of the total of all governmental funds.