Author Question: The Governmental Accounting Standards Board requires governments to include budgetary comparison ... (Read 111 times)

BrownTown3

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The Governmental Accounting Standards Board requires governments to include budgetary comparison schedules or statements for which of the following funds?
 
  a. All governmental funds
  b. All funds
  c. General fund, major special revenue funds, and major capital projects funds
  d. General Fund and major special revenue funds
  e. none of the above

Question 2

Accumulated Depreciation and Depreciation Expense are classified, respectively, as
 a. expense, contra asset
  b. asset, contra liability
  c. revenue, asset
  d. contra asset, expense



johnharpe

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Answer to Question 1

d

Answer to Question 2

d



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