Which of the following is not a proprietary fund?
A)City Water Enterprise Fund.
B)City Motor Pool Internal Service Fund.
C)City Hall Capital Projects Fund.
D)None of the above.They are all proprietary funds.

Question

Quizplus · Accepted Answer

The City Hall Capital Projects Fund is not a proprietary fund. Proprietary funds are used to account for operations that provide goods or services to external entities and charge fees for those services, such as the City Water Enterprise Fund and the City Motor Pool Internal Service Fund. The City Hall Capital Projects Fund is used to account for the construction or acquisition of major capital facilities or assets, and does not generate revenue through fees charged for services.

Which of the Following Is Not a Proprietary Fund