Which of the following is true regarding the Budget-Actual Comparison Schedule?
A) A Budget-Actual Comparison Schedule is required for the General Fund and all major special revenue funds that have a legally adopted annual budget.
B) A Budget-Actual Comparison Statement may be prepared in lieu of the Schedule.
C) Both of the above.
D) Neither of the above.

Question

Quizplus · Accepted Answer

The Answer of Which of the following is true regarding the Budget-Actual Comparison Schedule?
A) A Budget-Actual Comparison Schedule is required for the General Fund and all major special revenue funds that have a legally adopted annual budget.
B) A Budget-Actual Comparison Statement may be prepared in lieu of the Schedule.
C) Both of the above.
D) Neither of the above.

Which of the Following Is True Regarding the Budget-Actual Comparison