Which of the Following Activities Would Be Classified as a Reciprocal

question 6

Multiple Choice

Which of the following activities would be classified as a reciprocal interfund activity?

• A) Cash transfer from the general fund to a debt service fund to pay for principal and interest on long-term debt
• B) Transfer from a capital projects fund to the general fund to reimburse the general fund for its payment of the architect's fee related to new construction
• C) Purchase of supplies by the general fund from an internal service fund
• D) Transfer of funds from the general fund to establish a new internal service fund

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Definitions:

Mnemonic Devices

Techniques a person can use to help them improve their ability to remember something.

Emotional Intelligence

The awareness of and ability to manage one’s own emotions to facilitate thinking and attain goals, as well as the ability to understand emotions in others.

Traditional Views

Conventional or long-standing beliefs or opinions, often based on historical practices or societal norms.

Goleman

Daniel Goleman, an author, psychologist, and science journalist known for his work on emotional intelligence.