Question: Select from the option list provided the most appropriate response to each item related to fund accounting and reporting. ItemType 1 . Resources most likely

Select from the option list provided the most appropriate response to each item related to fund accounting and reporting.
ItemType1.Resourcesmostlikelyaccountedforbyaspecialrevenuefund.
2. Resources most likely accounted for by a capital projects fund.
3. Funds for which a balance sheet is reported.
4. Funds accounting for activities for which fees are charged to external users.
5. An example of enterprise fund activity.
6. Funds most likely to provide services to other subunits on a cost reimbursement basis.
7. Funds accounting for resources restricted to the use of earnings to benefit the government.

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