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For financial reporting purposes, a government may have only one Permanent Fund Capital Projects Fund Enterprise Fund General FundA. Permanent FundB. Capital Projects FundC. Enterprise FundD. General Fund Solution D. General Fund fund statements for governmental funds are presented this way. since most money is derived from taxes these statements are meant to meaure the extent to which financial resources obtained in a period are sufficient to cover claims in that period and the net financial resources available for future periods..

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For financial reporting purposes, a government may have only one Permanent Fund Capital Projects Fund Enterprise Fund General FundA. Permanent FundB. Capital Projects FundC. Enterprise FundD. General Fund Solution D. General Fund fund statements for governmental funds are presented this way. since most money is derived from taxes these statements are meant to meaure the extent to which financial resources obtained in a period are sufficient to cover claims in that period and the net financial resources available for future periods.

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