Which of the following funds requires a Budgetary Comparison Schedule?
A) Enterprise Funds
B) Internal Service Funds
C) Investment Trust Funds
D) General Fund

Question

Quizplus · Accepted Answer

The General Fund requires a Budgetary Comparison Schedule, as it is the main operating fund of a government entity and is subject to budgetary control. Enterprise Funds and Internal Service Funds are proprietary funds, while Investment Trust Funds are fiduciary funds, and none of them require a Budgetary Comparison Schedule.

Which of the Following Funds Requires a Budgetary Comparison Schedule