menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Essentials of Accounting Study Set 3
  4. Exam
    Exam 5: Accounting for Other Governmental Fund Types: Capital Projects, Debt Service, and Permanent
  5. Question
    A Debt Service Fund Is a Fund Type That Is
Solved

A Debt Service Fund Is a Fund Type That Is

Question 131

Question 131

True/False

A Debt Service Fund is a fund type that is used to account for revenues and other financing sources that are intended to service debt.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q126: A non-expendable trust which benefits a government

Q127: Regarding Capital Projects Funds, which of the

Q128: The principal of permanent funds is classified

Q129: Which of the following is true with

Q130: Since long-term liabilities are not recorded in

Q132: With respect to Debt Service Funds, which

Q133: If a government has debt service due

Q134: Unexpended intergovernmental grants and taxes dedicated to

Q135: Debt service funds use the same measurement

Q136: If a sinking fund is required by

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines