Which of the following refers to components of a general fund?

The correct answer is indeed "Objects, Functions, Cost Center." In the context of government and public sector accounting, the general fund is the primary operating fund used by a government entity. Understanding its components is crucial for organizing and reporting financial data.

"Objects" refer to the types of expenditures made, such as salaries, supplies, or capital outlay. They categorize how funds are spent. "Functions" represent the activities or objectives for which money is allocated, like education or public safety. This categorization helps in analyzing how effectively resources are being used across different purposes. Lastly, "Cost Center" is a management accounting concept that refers to a specific area or department that incurs expenses but does not directly generate revenue. It allows for precise tracking of expenses and helps in evaluating department efficiency.

Together, these components create a clear structure for financial reporting and accountability, making it easier for stakeholders to understand the allocation and use of resources within the general fund.