Any internal service fund balances that are not eliminated in the consolidation process should generally be presented on the government-wide financial statements
A) In the business-type activities column.
B) In the internal service fund column.
C) In the governmental activities column.
D) These balances should not be presented on the government-wide financial statements.

Question

Quizplus · Accepted Answer

Internal service fund balances that are not eliminated in the consolidation process are typically presented in the governmental activities column of the government-wide financial statements, as they primarily serve the governmental funds.

Any Internal Service Fund Balances That Are Not Eliminated in the Consolidation