Which of the Following Funds Would Not Be Eligible for Major

question 32

Multiple Choice

Which of the following funds would not be eligible for major fund reporting?

• A) General Fund.
• B) Enterprise Fund.
• C) Debt Service Fund.
• D) Internal Service Fund.

---

Definitions:

Goods and Services

This term describes the combination of tangible products and intangible activities provided to fulfill consumer needs and desires.

Primary Activities

Fundamental functions and processes conducted by a business that directly relate to the creation, sale, maintenance, and support of a product or service.

Add Value

The process of increasing the worth of a product or service, often by improving quality, enhancing features, or improving its appeal.

Societal Pressure

Societal pressure refers to the influence exerted by a society upon individuals or organizations to behave in a certain way or to adopt specific norms and values.