Multiple Choice
The following fund types are used by a county:
-General Fund (GF)
-Special Revenue Fund (SRF)
-Capital Projects Fund (CPF)
-Debt Service Fund (DSF)
-Permanent Fund (PF)
-Enterprise Fund (EF)
-Internal Service Fund (ISF)
-Custodial Fund (CF)
Required
For each of the transactions bellow, indicate the fund or funds affected. Be sure to include all funds that report the transaction. Use the abbreviations listed above.
-The county receives an endowment, where the income from the endowment is to be used to maintain public bike paths.
A) General Fund (GF)
B) Special Revenue Fund (SRF)
C) Capital Projects Fund (CPF)
D) Debt Service Fund (DSF)
E) Permanent Fund (PF)
F) Enterprise Fund (EF)
G) Internal Service Fund (ISF)
H) Custodial Fund (CF)
Correct Answer:

Verified
Correct Answer:
Verified
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