Over the long run, governmental internal service funds are intended to
A)Generate revenues sufficient to cover the full costs of providing services.
B)Generate revenues sufficient to cover the full costs of providing services and to earn a profit.
C)Generate revenues sufficient to cover the current operating costs of providing services.
D)Generate revenues sufficient to cover the current operating costs of providing services and to earn an operating profit.

Question

Quizplus · Accepted Answer

Governmental internal service funds are designed to be self-sustaining by generating revenues that cover the full costs of providing services, without the intention of earning a profit.

Over the Long Run, Governmental Internal Service Funds Are Intended