State and Local Governments CPA Related Topics | Governmental Accounting

This page contain free CPA practice questions covering state and local governmental topics such as fund accounting, governmental funds such as general fund, special revenues funds, debt service funds, capital project and permanent funds.  The proprietary funds include enterprise funds and internal service funds.  The fiduciary funds include pension trust funds, investment trust funds and private purpose trust funds.  The questions also cover reconciliation from fund basis financial statements to government wide financial statements, budgetary accounting, encumbrances, expenditures, CAFR, governmental wide financial statements and interfund activity.

The practice questions covered in this section are typically covered in an undergraduate or graduate Government and not For Profit Accounting course.

To learn about more details topics covered in this section, visits the following course:

Government and not For Profit Accounting.