Which of the Following Funds Would Use the Accrual Basis

question 71

Multiple Choice

Which of the following funds would use the accrual basis of accounting in preparing its fund financial statements?

• A) City General Fund.
• B) City Hall Capital Projects Fund.
• C) City Motor Pool Internal Service Fund.
• D) None of the above.

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Definitions:

Federal District Court

A general trial court of the United States federal court system that deals with both civil and criminal cases.

U.S. Court of Appeals

A federal court that hears appeals from the decisions of lower courts, such as district courts, within its circuit.

General Jurisdiction

The broad authority of a court to hear virtually any type of case, without limitation to subject matter or geographic area.

State Trial Courts

Courts within a state that have jurisdiction to hear cases involving state laws and disputes.