A bill that should have been paid by a Special Revenue Fund was erroneously paid by the General Fund. The General Fund refunds the amount to the Special Revenue Fund. This transaction is an example of an interfund

Question

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This transaction is an example of an interfund reimbursement transaction because the General Fund is being reimbursed by the Special Revenue Fund for expenses that should have originally been paid by the Special Revenue Fund.

A Bill That Should Have Been Paid by a Special