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    Accounting for Governmental
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    Exam 7: Accounting for the Business-type Activities of State and Local Governments
  5. Question
    Customers' Meter Deposits, Which Cannot Be Spent for Normal Operating
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Customers' Meter Deposits, Which Cannot Be Spent for Normal Operating

Question 41

Question 41

Multiple Choice

Customers' meter deposits, which cannot be spent for normal operating purposes, would be classified as restricted cash in the balance sheet of which fund type?


A) Internal service fund.
B) Private-purpose trust fund.
C) Enterprise fund.
D) Special revenue fund.

Correct Answer:

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