The actuarially based charges to the General Fund from a Self-Insurance Internal Service Fund should be reported
Question:
The actuarially based charges to the General Fund from a Self-Insurance Internal Service Fund should be reported in the Internal Service Fund as
a. transfers.
b. revenues.
c. special items.
d. deferred revenues until claims and judgments are incurred.
e. revenues only if the required payment is made immediately.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
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,
Question Posted: