Which of the following is not correct with respect to major enterprise funds?
A. The general fund is not classified as a major fund if it does not meet the 10% and 5% tests for a major fund.
B. Any funds not reported separately are aggregated and reported in a single column under the label nonmajor funds.
C. A government may designate any fund as a major fund if reporting that fund separately would be useful.
D. If the reporting government is preparing a complete CAFR, a schedule showing the detail of nonmajor funds is provided in the other supplementary information section.
Answer: A
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