Question

Match the following terms with the most correct statement below.
a. Debt service fund
b. Component units
c. Encumbrance
d. Proprietary fund
e. Internal service funds
f. Special revenue fund
g. General fund h. Trust fund
1. ______ Used to track resources earmarked for a specific purpose.
2. ______ Fund used to track resources available to pay interest and loans.
3. ______ An enterprise or internal service fund.
4. ______ Used to designate funds which are obligated under a legal contract.
5. ______ Used for routine ordinary activities of government.
6. ______ A type of fiduciary fund.
7. ______ Business- type fund where the services are provided to other units of government.



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  • CreatedDecember 19, 2014
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