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Note:
I need 1-2 page answer of the following discussion. Must
include 1-2 scholarly references. Your answer must be 100%
original.
Discussion
Review the Comprehensive annual financial report (CAFR) you
obtained and address the following questions.
1.
Were any of the government's enterprise funds "profitable"
during the year? If so for what has the government done with
the earnings? Has it transferred them to the general fund?
2.
Does the government have revenue bonds outstanding that are
related to business-type activities? If so, for what activities?
3.
Do the financial statements include a statement of cash flows
for propriety funds? In how many categories are the cash flows
presented? Is the statement on a direct or indirect basis?
Textbook:
Granof,M.H.&Khumawala,S.B.(2011). Government and Non-
for-profit accounting: Concepts and practices.(5thed.) Hoboken,
NJ: Wiley & Sons.

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NoteI need 1-2 page answer of the following discussion. Must incl.docx

  • 1. Note: I need 1-2 page answer of the following discussion. Must include 1-2 scholarly references. Your answer must be 100% original. Discussion Review the Comprehensive annual financial report (CAFR) you obtained and address the following questions. 1. Were any of the government's enterprise funds "profitable" during the year? If so for what has the government done with the earnings? Has it transferred them to the general fund? 2. Does the government have revenue bonds outstanding that are related to business-type activities? If so, for what activities? 3. Do the financial statements include a statement of cash flows for propriety funds? In how many categories are the cash flows presented? Is the statement on a direct or indirect basis? Textbook: Granof,M.H.&Khumawala,S.B.(2011). Government and Non- for-profit accounting: Concepts and practices.(5thed.) Hoboken, NJ: Wiley & Sons.