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Kansas City Missouri For The Fiscal Year Essay

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Kansas City, Missouri is located at the intersection of the Kansas and Missouri rivers. It is the biggest city in the Kansas City Metropolitan Area; the most crowded city in Missouri, the seventh biggest city in the Midwest, and the 39th most crowded city in America. Additionally, the location of the city makes it an ideal transportation hub and the most geo-focal market in the country, since three interstate highways serve it. Kansas City has a diverse economy including health care, telecommunications, legal services, manufacturing, governmental services, trade, and financial services. The locale gives access to more than a million employments in more than seven hundred occupations. Key employers in the region include the manufacturing sector taking up 10% of the employment opportunities, the services sector at 48% and the wholesale and retail sector at 14%. In the essay, I will analyze the Comprehensive Annual Financial Report (CAFR) of Kansas City Missouri for the fiscal year ended April 30, 2015.
Kansas City uses three types of funds namely proprietary, governmental, and fiduciary funds. Funds are groupings of related accounts used to keep up control over assets isolated for particular goals or exercises. Kansas, as other states and administrations, makes use of fund accounting to guarantee and show consistency with money related legal necessities. Kansas keeps two sorts of proprietary funds, internal service, and enterprise funds. The enterprise funds report the same

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