Chapter 9 EZ - Chapter 9 EZ Test 1 City and county governments are typically classified as special purpose governments True False(1 2 According to GASB

Chapter 9 EZ - Chapter 9 EZ Test 1 City and county...

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Chapter 9 EZ- Test 1.City and county governments are typically classified as special purpose governments. TrueFalse (1) 2.According to GASB Statement No. 34, "General-purpose governments are thought to be those that offer more than one type of basic governmental service". ( 1 ) 3.General-purpose governments are those that offer more than one type of basic governmental service, while special-purpose entities generally provide a limited, or single, set of programs or services. ( 1 ) 4.Special-purpose governments generally provide a single or limited set of governmental services or programs. 5.A special-purpose government engaged in business-type activities financed in whole or part by fees charged to external parties are usually reported in fiduciary funds. TrueFalse(0)

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