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Caraway County Has a Self-Insurance Internal Service Fund

Question 3

Multiple Choice

Caraway County has a Self-Insurance Internal Service Fund. If the fund purchases $100,000 of investments during the month, the


A) Fund's total assets will increase by $100,000.
B) Fund's total assets will decrease by $100,000.
C) Fund's total assets will remain the same.
D) Fund's expenditures will increase by $100,000.

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