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Which of the Following Is a Difference Between Financial Reporting

Question 17

Multiple Choice

Which of the following is a difference between financial reporting for internal service and enterprise funds?


A) Internal service funds are reported in the governmental fund financial statements.
B) Internal service funds are reported in the proprietary fund financial statements.
C) Internal service funds are generally reported in the Business-type Activities column of the government-wide financial statements.
D) Internal service funds are generally reported in the Governmental Activities column of the government-wide financial statements.

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