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How Should Financial Information for Internal Service Funds Be Reported

Question 42

Multiple Choice

How should financial information for internal service funds be reported in the government-wide financial statements?


A) As part of governmental activities.
B) As part of business-type activities.
C) Amounts allocated proportionately between governmental and business-type activities.
D) Usually as part of governmental activities, unless the internal service fund predominantly serves one or more enterprise funds.

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