Many governments use internal service funds to account for activities that provide services to the government itself.

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Many governments use internal service funds to account for activities that provide services to the government itself. What are the ramifications of such an accounting arrangement? What are the effects on the government’s financial statements?

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Government and Not for Profit Accounting Concepts and Practices

ISBN: 978-1118155974

6th edition

Authors: Michael H. Granof, Saleha B. Khumawala

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Posted Date: Jun 12, 2019 01:36 AM

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Many governments use internal service funds to account for activities that provide services to the government itself.

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Governments commonly use internal service funds ISF as cost centers They permit a government to accu... View the full answer

Government and Not for Profit Accounting Concepts and Practices

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