It includes the budget for the general government such as the executive branch, the legislative branch, public safety and the judicial branch.Select one:a.special revenue fundsb.debt service fundc.general fundd.capital projects fund
Question
It includes the budget for the general government such as the executive branch, the legislative branch, public safety and the judicial branch.Select one:a.special revenue fundsb.debt service fundc.general fundd.capital projects fund
Solution
The correct answer is c. general fund. This fund is used to account for all financial resources except those required to be accounted for in another fund. It includes the budget for the general government such as the executive branch, the legislative branch, public safety and the judicial branch.
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