Question

20. Which of the following statements is true of a special-purpose government? A) Special-purpose governments that are engaged in more than one governmental-type activities can combine the fund and government-wide financial statements. B) Special-purpose governments that are engaged in a single governmental-type activity may combine the fund and government-wide financial statements. C) Special-purpose

Answer 1

B. Special-purpose governments that are engaged in a single governmental-type activity may combine the fund and government-wide financial statements.

Step-by-step explanation:

A special-purpose government is a kind of government that are engaged in a single governmental-type activity may combine the fund and government-wide financial statements.

A special-purpose government are set up by the state law to to provide a single essential service. This simply means the function of this government is limited.

Some of the area a special purpose government may be required are public transportation, public education e.t.c.