Which of the Following Statements Accurately Describes Why the Statement

question 6

Multiple Choice

Which of the following statements accurately describes why the statement of revenues, expenses and changes in net position for an Internal Service Fund differs slightly from one for an Enterprise Fund?

• A) Internal Service Funds do not report operating revenue.
• B) Internal Service Funds report other financing sources and uses.
• C) Internal Service Funds do not report depreciation expense.
• D) The statement of revenues, expenses and changes in net position is formatted the same for Enterprise Funds and Internal Service Funds.

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Definitions:

mRNA

Messenger RNA, a type of RNA that conveys genetic information from DNA to the ribosome, where it specifies the amino acid sequence of the protein products of gene expression.

Protein Structure

The specific three-dimensional arrangement of amino acids in a protein, determining its function and activity, includes primary, secondary, tertiary, and quaternary structures.

Exons

Segments of a DNA or RNA molecule containing information coding for a protein or peptide sequence.

Introns

Noncoding sections of an RNA transcript, or the DNA encoding it, that are removed before the RNA molecule is translated into a protein.