In the government-wide financial statements, activities of an Internal Service Fund are a. always reported as governmental
Question:
In the government-wide financial statements, activities of an Internal Service Fund are
a. always reported as governmental activities.
b. always reported as business-type activities.
c. reported either as governmental activities or business-type activities, depending on the fund’s primary customer base.
d. never reported as either governmental activities or business-type activities.
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Answer c reported either as governmental activities or businesstype activities depending on the fund...View the full answer
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Related Book For 
Governmental And Nonprofit Accounting Theory And Practice
ISBN: 9780132552721
9th Edition
Authors: Robert J Freeman, Craig D Shoulders, Gregory S Allison, Terry K Patton, Robert Smith,
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