What is the minimum level of detail required for expenditures presented in the governmental fund statement of revenues,expenditures,and changes in fund balance?
A)Program and object.
B)Function and character.
C)Program and department.
D)Character and object.

Question

Quizplus · Accepted Answer

The minimum level of detail required for expenditures in the governmental fund statement is by function and character, as per governmental accounting standards.

What Is the Minimum Level of Detail Required for Expenditures