A government may not selectively designate any fund to be a major fund even if reporting the fund separately would be useful.

Name: A government may not selectively designate any fund to be a major fund even if reporting the fund separately would be useful.
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Question

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The general fund is always a major fund and a fund is considered to be a major fund if certain criteria are met. In addition, governments may designate any other fund to be a major fund if reporting that fund separately would be useful

A Government May Not Selectively Designate Any Fund to Be