Which fund reports its operating results in a statement of revenues, expenditures, and changes in fund balances?
BDebt service fund
CInternal service fund
DInvestment trust fund
Governmental funds of a state or local government include all of the following except:
CCapital projects fund
DSpecial revenue fund
Which of the following statements is prepared using modified accrual accounting?
AEnterprise fund operating statement
BInvestment trust fund balance sheet
CGeneral fund balance sheet
DAgency fund operating statement