Which of the Following Statements Is not Correct

Multiple Choice

Which of the following statements is not correct?

A) Internal service funds are likely to have receivables from other governmental funds that should be eliminated when preparing the government-wide statements.
B) Most internal service funds serve primarily governmental departments and should be included with the governmental activities in the government-wide statements.
C) If an internal service fund predominantly provided goods and services to departments reported in enterprise funds, it should be reported in the business activities column of the government-wide Statement of Net Position.
D) Internal service funds are not included in the government-wide statements because they are proprietary funds.