Which of the following would not be true regarding internal service funds?
A) Internal service funds use the economic resources measurement focus and accrual basis of accounting.
B) Examples of internal service funds would include self-insurance funds, motor pool funds, and print shop funds.
C) In the government-wide financial statements, internal service funds are most commonly reported in the business-type activities column.
D) None of the above; all are true.
Correct Answer:
Verified
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