Over the Long Run, Governmental Internal Service Funds Are Intended

question 51

Multiple Choice

Over the long run, governmental internal service funds are intended to

• A)Generate revenues sufficient to cover the full costs of providing services.
• B)Generate revenues sufficient to cover the full costs of providing services and to earn a profit.
• C)Generate revenues sufficient to cover the current operating costs of providing services.
• D)Generate revenues sufficient to cover the current operating costs of providing services and to earn an operating profit.

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Definitions:

Assessment Techniques

Various methods and tools used to evaluate the abilities, performance, behavior, or characteristics of individuals or organizations.

Intended

Something that is planned or meant to occur; deliberate.

Gender Stereotypes

Widely held beliefs or generalizations about the attributes, characteristics, and behaviors of males and females, based on their sex.

Personalities

The combination of characteristics or qualities that form an individual's distinct character.