Final answer:
The fund balance of a government entity can be classified as restricted, committed, and assigned, each reflecting the usage constraints of the funds. 'Uncommitted' is not a standard classification; funds without constraints would be considered 'unassigned'. Option c.
Step-by-step explanation:
The fund balance of a government entity is reflected in its balance sheet and represents the difference between its assets and liabilities. It can be categorized into several different classifications, each reflecting the extent to which the funds can be used for general or specific purposes.
The correct classifications include restricted, meaning the funds can only be used for a specific purpose as determined by external parties or legislation;
Committed, where funds are set aside for specific purposes by the government's highest level of decision-making authority; and assigned, which indicates intent to use funds for specific purposes, but this assignment is neither restricted nor committed.
The choice 'uncommitted' is not a standard classification of fund balance. Instead, what can be considered 'uncommitted' would typically fall under the unassigned fund balance, which represents resources without any constraints or specific purposes defined. So option c.