Accounting homework
whiterose2015
CAFR2016GroupProjectQuestions1.pdf
2016 CAFR Group Project Questions Total 50 points
1
Please form into a group of two students. Please sign and delivery the contract to instructor
indicating which 2016 State Comprehensive Annual Report (CAFR) your group is selecting [first
come first serve basis.] Each group must work on a different CAFR, further you cannot
select 2016 California CAFR.
Group Project: State of …………. Comprehensive Annual Report For the Fiscal Year Ended
…….., 2016 (2016 CAFR). Source: https://www...
Question 1) 2 points
Who were the State Governor, State Treasurer and State Controller of your group project’s
CAFR? Your group project’s CAFR fiscal year ended at what date?
Question 2) 1 point
Did your group project’s CAFR include a certificate of achievement for excellence in financial
reporting? [Please indicate which page number of which section of the CAFR mentioning this
certificate?]
Question 3) 8 points
Please fill in the numbers accordingly from the Government-wide Financial Statements,
Statement of Net Position. [Please indicate which page number of which section of the CAFR
mentioning these numbers?]
Primary Government
Government
Activities
Business-type
Activities
Total Component
Units
Total Assets
Deferred
Outflows of
Resources
Total assets and
outflows of
Resources
Total Liabilities
Deferred
Inflows of
Resources
Total liabilities
and deferred
inflows of
resources
2016 CAFR Group Project Questions Total 50 points
2
Question 4) 8 points
Please fill in the numbers accordingly from the Government-wide Financial Statements,
Statement of Net Position. [Please indicate which page number of which section of the CAFR
mentioning these numbers?]
Primary Government
Government
Activities
Business-type
Activities
Total Component
Units
Net investment in
capital assets
Restricted
Non expendable -
endowments
Restricted
Total expendable
Unrestricted
Total net position
Total liabilities
and deferred
inflows of
resources, and net
position
Question 5) 2 points
How component units in the Government-wide Financial Statements were defined in your group
project’s CAFR?
[Please indicate which page number of which section of the CAFR defining component units]
2016 CAFR Group Project Questions Total 50 points
3
Question 6) 5 points
Please fill in the numbers accordingly from the Government-wide Financial Statements,
Statement of Activities. [Please indicate which page number of which section of the CAFR
mentioning these numbers?]
Program
Revenues
Program
Revenues
Program
Revenues
Net (Expenses)
Revenues
Functions
Programs Primary
Government
Expenses Charges
for Services
Operating
Grants and
Contribution
Capital
Grants and
Contribution
Government
Activities
Government
Activities
Education
Government
Activities
Transportation
Program
Revenues
Program
Revenues
Program
Revenues
Net (Expenses)
Revenues
Functions
Programs Primary
Government
Expenses Charges
for Services
Operating
Grants and
Contribution
Capital
Grants and
Contribution
Business
Activities
Business-type
Activities
Unemployment
Program/Insurance
2016 CAFR Group Project Questions Total 50 points
4
Question 7) 7 points
Please fill in the numbers accordingly from Government-wide Financial Statements, Statement
of Activities. [Please indicate which page number of which section of the CAFR mentioning
these numbers?]
Primary Government
Functions
Programs Primary
Government
Government
Activities
Business-type
Activities
Total Component
Units
Net (Expenses)
Revenue
Total General
Revenues and
Transfers
Changes in net
position
Net Position
beginning
Prior Adjustment
if applicable
Net Position
beginning
Question 8) 2 points
Describe the columns representing different types of funds listed as part of total in your group
project’s CAFR Balance Sheet of Governmental Funds. . [Please indicate which page number of
which section of the CAFR mentioning these columns?]
2016 CAFR Group Project Questions Total 50 points
5
Question 9) 3 points
Please fill in the numbers accordingly from Fund Financial Statements, Balance Sheet of
Governmental Funds [Please indicate which page number of which section of the CAFR
mentioning these numbers?]
Total
Total Asset
Total Liabilities and deferred inflows of resources
FUND BALANCES
Non spendable
Restricted
Committed
Assigned
Unassigned
Total fund balances
Total liabilities, deferred inflows of resources and
fund balances
Question 10) 2 points
Describe the columns representing different types of funds listed as part of total in your group
project’s CAFR Statement of Net Position of Proprietary Funds. . [Please indicate which page
number of which section of the CAFR mentioning these columns?]
Question 11) 2 points
Describe the columns representing different types of funds listed as part of total in your group
project’s CAFR Statement of Fiduciary Net Position of Fiduciary Funds. . [Please indicate which
page number of which section of the CAFR mentioning these columns?]
2016 CAFR Group Project Questions Total 50 points
6
Question 12) 8 points
Please read through the Notes to Financial Statements of your group project’s CAFR and
summarize any four notes. Please do not copy and paste from the CAFR. Instead please read and
synthesize the information of each note from the CAFR [Please indicate which page number of
which section of the CAFR mentioning these notes to financial statements?]
End of Group Project’s Questions
