Multiple Choice
Which type of fund is used to account for a government activity that sells goods or services either solely or almost solely to external customers?
A) A temporary fund
B) A general fund
C) An agency fund
D) An enterprise fund
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q20: For each of the following events or
Q21: The following are transactions for the city
Q22: Under the modified accrual basis of accounting,revenues
Q23: Which pronouncements have the highest level of
Q24: Debt service fund accounts for resources to
Q26: Appropriations are approved or authorized expenditures.
Q27: The accounting equation for an agency fund
Q28: What funds are reported in Government-wide financial
Q29: The following are transactions for the city
Q30: What basis of accounting is used to