ACCT 410 Accounting for Government and Not-for-Profit Organizations

· (1) How many major enterprise funds does the entity maintain (if any)?

· (2) Are all the major enterprise funds operating at a profit (Operating Income)?

· (3) Does the entity maintain any internal service funds (major and/or nonmajor)?

· (4) Do the financial statements include a statement of cash flows for proprietary funds?

· (5) There are four types of fiduciary funds. Does this entity maintain all four types?