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Over the Long Run, Governmental Internal Service Funds Are Intended

Question 51

Multiple Choice

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.

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