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Assignment - Review the comprehensive annual financial report (CAFR) attached and answers the following questions:
1. Does the government maintain any permanent funds? If so, are they major or non major funds and for what purposes?
2. Does the government maintain any fiduciary funds? If so, for what purposes?
3. Does the government contribute to one or more pension plans? Are they defined benefit or defined contribution plans? If they are defined benefit plans, are they single employer (maintained by the government itself) or multiple employer plans?
4. Do the notes to the financial statements indicate the component units and other related entities that are included within the reporting entity? Do they indicate any units that are not included? Do they explain why these units are included or excluded?
5. How are the component units presented in the government-wide financial statements?
Instructions: 3 Pages Required.
Attachment:- Comprehensive Annual Financial Report.rar
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