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    Essentials of Accounting Study Set 2
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    Exam 5: Accounting for Other Governmental Fund Types: Capital Projects, debt Service, and Permanent
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    Debt Service Funds Should Use the Same Measurement Focus and Basis
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Debt Service Funds Should Use the Same Measurement Focus and Basis

Question 42

Question 42

Multiple Choice

Debt service funds should use the same measurement focus and basis of accounting as:


A) Special revenue funds.
B) Internal service funds.
C) Both (a) and (b) .
D) None of the above.

Correct Answer:

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