Tuesday, 2 September 2014

“Major” funds include a. all governmental funds plus proprietary funds that have fund balances greater than 10% of those of all proprietary funds combined b. the general fund, special revenue funds, capital projects funds, and debt service funds c. the general fund plus all funds having assets greater than 50% of those of the general fund d. the general fund plus other funds in which total assets, revenues, or expenditures/expenses of the fund are at least 10% of the corresponding total for the relevant fund category (governmental or enterprise) and also at least 5% of the corresponding total for all governmental and enterprise funds combined

“Major” funds include
a. all governmental funds plus proprietary funds that have fund balances greater than 10% of those of all proprietary funds combined
b. the general fund, special revenue funds, capital projects funds, and debt service funds
c. the general fund plus all funds having assets greater than 50% of those of the general fund
d. the general fund plus other funds in which total assets, revenues, or expenditures/expenses of the fund are at least 10% of the corresponding total for the relevant fund category (governmental or enterprise) and also at least 5% of the corresponding total for all governmental and enterprise funds combined

                                       

Answer
the general fund plus other funds in which total assets, revenues, or expenditures/expenses of the fund are at least 10% of the corresponding total for the relevant fund category (governmental or enterprise) and also at least 5% of the corresponding total for all governmental and enterprise funds combined