An Internal Service Fund is considered to be
A) A governmental fund.
B) A proprietary fund.
C) A fiduciary fund.
D) Either a governmental fund or a proprietary fund, depending on the nature of the activity accounted for within the fund.
Correct Answer:
Verified
Q14: Which of the following would most likely
Q15: Nathan Township's General Fund transfers three
Q16: The Tullahoma School District's Print Shop Internal
Q17: An Internal Service Fund had investments with
Q18: The General Fund contributes $40,000 to an
Q20: Five sections for reporting items in an
Q21: The General Fund transfers cash to provide
Q22: The General Fund transfers cash to provide
Q23: If a government has more than one
Q24: If a Self-Insurance Internal Service Fund pays
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents