Exercise $2-16($Static$)$ Part $9$

Financial information about an internal service fund should be reported in the proprietary fund financial statements and the:

Multiple Choice

Business$-$type Activities column of the government$-$wide financial statements.

Either governmental activities or business$-$type activities column of the government$-$wide financial statements, depending on whether the internal service fund predomifantly serves governmental activitles or business$-$type activities.

Governmental Activities column of the government$-$wide financial statements.