Government units use which fund type to account for


Question 1: Any activities that produce goods or services to be provided to other departments or other governmental units would be reported in which fund?

Question 2: Government units use which fund type to account for services provided to the general public on a user-fee basis?

Question 3: A fund that is the result of an agreement between a contributor and a government that the principal and/or income of trust assets that is for the benefit of individuals, organizations, or other governments is a(n)

Question 4: Which of the following would be considered a performance audit under the Governmental Auditing Standards?

Question 5: Which of the following kinds of information would not be provided by management's discussion and analysis (MD&A)?

Question 6: Which of the following would be considered "contribution revenue or support" of a not-for-profit organization?

Question 7: Describe the different types of governmental audits and attestation engagements.

Question 8: Internal Service Fund, Statement of Cash Flows. Prepare a statement of cash flows for the internal service fund for the city of Pearman from the following information:

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