Which of the following is true regarding the governmental fu…

Which of the following is true regarding the governmental fund financial statements? A. The governmental fund financial statements include the Balance Sheet and the Statement of Revenues, Expenditures, and Changes in Fund Balances. B. The governmental fund financial statements include the Balance Sheet and the Statement of Revenues, Expenditures, and Changes in Fund Balances. C. Both of the above. D. Neither of the above.

 Governmental Funds Fund Balance is displayed in which of th…

 Governmental Funds Fund Balance is displayed in which of the following categories? A. Nonspendable, Spendable, Assigned, Unassigned B. Nonspendable, Restricted, Unrestricted C. Restricted, Unrestricted, Assigned, Unassigned D. Nonspendable, Restricted, Committed, Assigned, Unassigned