Which of the following governmental funds must be reported as a major fund? Select one:...
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Accounting
Which of the following governmental funds must be reported as a major fund?
Select one:
A) The General Fund
B) Any fund with total assets, liabilities, revenues or expenditures that are 10% or more of the general Fund and 5% or more of total General Fund and Business-Type Activities
C) The government may opt to include or exclude any fund it choses as a major fund
D) Only the General Fund and special revenue funds that meet the 10% and 5% size criteria
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