Multiple Choice
The term "proprietary funds" applies to:
A) all funds that use accrual accounting.
B) enterprise and internal service funds only.
C) enterprise, internal service, and private-purpose trust funds.
D) none of the above answers are correct.
Correct Answer:
Verified
Correct Answer:
Verified
Q130: Which of the following are governmental funds?<br>A)
Q131: Which fund category must change from modified
Q132: Government-wide statements use the:<br>A) current financial resources
Q133: Under GASB, accrual accounting is used for:<br>A)
Q134: The economic resource measurement focus and accrual
Q136: FASAB, GASB and FASB standards are set
Q137: According to GASB standards relating to Budgetary
Q138: Which of the following is not a
Q139: FASB sets the reporting standards for private
Q140: Which of the following organizations has authority