Which of the following is true regarding the governmental fund financial statements? multiple choice the governmental funds balance sheet reflects capital assets and long-term debt. the governmental funds statement of revenues, expenditures, and changes in fund balances reports columns for major funds, non-major funds (in total), and total. neither the governmental funds balance sheet reflects capital assets and long-term debt or the governmental funds statement of revenues, expenditures, and changes in fund balances reports columns for major funds, non-major funds (in total), and total is correct. both the governmental funds balance sheet reflects capital assets and long-term debt and the governmental funds statement of revenues, expenditures, and changes in fund balances reports columns for major funds, non-major funds (in total), and total are correct.

The Governmental Funds Statement of Revenues, Expenditures, and Changes in Fund Balances reports columns for major funds, non-major funds (in total), and total.

Explanation:

The balance sheet and the statement of revenues, expenditures, and changes in fund balances are the two financial statements required for the governmental funds.

Major funds are those that surpass a specific limit and require separate reporting. Governments can display smaller government funds separately if they are deemed important to the government. On financial statements, the remaining "non-major" funds are aggregated in a single column.

b.letter b

explanation:

well, paralell is parallel. i am providing links to .

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a series circuit is one with all the loads in a row. there is only one path for the electricity to flow. if this circuit was a string of light bulbs, and one blew out, the remaining bulbs would turn off.

unlike in series circuits, a charge in a parallel circuit encounters a single voltage drop during its path through the external circuit. the current through a given branch can be predicted using the ohm's law equation and the voltage drop across the resistor and the resistance of the resistor.

a parallel circuit has certain characteristics and basic rules: a parallel circuit has two or more paths for current to flow through. voltage is the same across each component of the parallel circuit.