Purchase Solution

Reserved Funds In A Government's General Fund

Not what you're looking for?

Ask Custom Question

Why would a general fund have a portion of its fund balance reserved? How is this portion different from other money in the fund?

Purchase this Solution

Solution Summary

This 195 word solution provides a brief explanation on fund balances in a general fund, whether a portion of this balance is reserved, and whether this portion is different from other money in the fund.

Solution Preview

Thank you for using BrainMass.com, I hope that this helps with your assignment.

When I think of a general fund and a fund balance I think of the difference between the funds assets and liabilities. Therefore it is the portion of the general fund available for other fiscal ...

Purchase this Solution


Free BrainMass Quizzes
Learning Lean

This quiz will help you understand the basic concepts of Lean.

Social Media: Pinterest

This quiz introduces basic concepts of Pinterest social media

Motivation

This tests some key elements of major motivation theories.

Paradigms and Frameworks of Management Research

This quiz evaluates your understanding of the paradigm-based and epistimological frameworks of research. It is intended for advanced students.

MS Word 2010-Tricky Features

These questions are based on features of the previous word versions that were easy to figure out, but now seem more hidden to me.