How the cash flow statement of an enterprise fund differs

Reference no: EM131525453

Question: 1. Describe the test for determining whether a governmental fund is a major fund. Describe the test for determining whether an enterprise fund is a major fund.

2. Describe how the cash flow statement of an enterprise fund differs in format from the cash flow statements of private-sector organizations such as commercial businesses.

3. Describe the net asset classification appearing on the government-wide statement of net assets.

Reference no: EM131525453

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