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The General Fund
-Is used to account for all financial resources that are not required to be accounted for in another fund.
-Is used by all governments that report governmental fund activities.
-Is established at inception of a government and exists throughout its life.
- All of the above.

Respuesta :

Answer:

The correct answer is -Is used to account for all financial resources that are not required to be accounted for in another fund.

Explanation:

The general fund is established at the beginning of a government and continues to exist throughout its duration. In a recently organized government; General fund accounting begins as soon as the budget is adopted and all the necessary appropriations to comply with the government plan are recorded.