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Author Question: Assume that a government has three nonmajor Enterprise Funds. Which of the following statements ... (Read 44 times)

daltonest1984

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on: Jul 5, 2018
Assume that a government has three nonmajor Enterprise Funds. Which of the following statements regarding the reporting requirements in a CAFR is false?
 
  A. Nonmajor funds are notreported on an Enterprise Fund statement of cash flows.
  B. Even if the funds are nonmajor, the government may choose to declare them as major funds and report each in a separate column on the appropriate fund statements.
  C. The CAFR must include combining financial statements for any nonmajor fund columns that include more than one fund.
  D. Nonmajor funds are reported in the aggregate on all proprietary fund financial statements.

Question 2

Batch mode is the data processing mode in which there is little or no delay between any two data processing steps.
  Indicate whether the statement is true or false


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manuelcastillo

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Reply #1 on: Jul 5, 2018
Answer to Question 1

A

Answer to Question 2

F


daltonest1984

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Reply 2 on: Jul 5, 2018
YES! Correct, THANKS for helping me on my review

epscape

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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