Question: QUESTION7 2 points The city is using an internal service fund to self-insure its risk financing activities. Claims accrued or paid by this fund are

 QUESTION7 2 points The city is using an internal service fund

to self-insure its risk financing activities. Claims accrued or paid by this

fund are recorded as: O A Nonoperating Expenses. O B. Special Items.

QUESTION7 2 points The city is using an internal service fund to self-insure its risk financing activities. Claims accrued or paid by this fund are recorded as: O A Nonoperating Expenses. O B. Special Items. C. Transfers out. O D. Operating Expenses. 2 points QUESTION 8 Revenue bonds O A. Are intended to be paid from the revenues of an enterprise. O B. Are backed by the full faith and credit of the government in addition to enterprise revenues. O C. Carry less risk than general obligation bonds. 0 D. Are no longer in existence

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!