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Carlisle Established a Motor Vehicle Service and Maintenance Fund to Service

Question 42

Multiple Choice

Carlisle established a motor vehicle service and maintenance fund to service and maintain all cars and trucks owned by the town.Revenues of the fund will only come from billings to the funds which use the motor vehicle service and maintenance fund.What type of fund is the motor vehicle service and maintenance fund?


A) An enterprise fund.
B) A special revenue fund.
C) An expendable trust fund.
D) An internal service fund.

Correct Answer:

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