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No. Generally, it is better to choose specific goals as opposed to general ones.

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Q: When identifying priorities it is best t choose general goals rather than specific activities?
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Differentiate between general and specific reserve?

differentiate between general and specific reserve?


What are some similarities and differences between a general fund and a special revenue fund?

The General Fund and Special Revenue Funds generally perform the same types of operating services. They are both governmental type funds and therefore use the same measurement focus and basis of accounting to account for and report on their activities. They differ in that the General fund accounts for revenues and other financing sources raised to provide for all day-to-day-operating activities, whereas Special Revenue Funds are used to account for a specific revenue source that must be used only to finance a specified activity


What are some similarities and differences between a general fund and special revenue fund?

The General Fund and Special Revenue Funds generally perform the same types of operating services. They are both governmental type funds and therefore use the same measurement focus and basis of accounting to account for and report on their activities. They differ in that the General fund accounts for revenues and other financing sources raised to provide for all day-to-day-operating activities, whereas Special Revenue Funds are used to account for a specific revenue source that must be used only to finance a specified activity


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There is a huge difference between an enterprise and a general merchandise. An enterprise means a project, a business or a company. A general merchandise on the other hand is a wholesale or retail store that does not deal with any specific category of products.


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Special reports are limited to specific businesses or companies and are provided under contract. These reports are more extensive than the general reports and contain background as well as general information.

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