A budgetary comparison schedule is required for A. The General ...

[waynest]

A budgetary comparison schedule is required for
 
  A. The General Fund and all major governmental funds with legally adopted annual budgets.
  B. The General Fund and all major Special Revenue Funds with legally adopted annual budgets.
  C. The General Fund only.
  D. All governmental funds.

Question 2

On an income statement, Interest Expense is shown as an Operating Expense.
  Indicate whether the statement is true or false

[nicoleclaire22]

Answer to Question 1

B

Answer to Question 2

F