Which of the Following Funds of a Governmental Unit Recognizes

question 1

Multiple Choice

Which of the following funds of a governmental unit recognizes revenues and expenditures under the same basis of accounting as the general fund?

• A) Debt service
• B) Enterprise
• C) Internal service
• D) Nonexpendable trust

---

Definitions:

Readily Available

Refers to items or resources that can be easily accessed or obtained without significant delay.

Diagram

A visual representation that outlines, explains, or clarifies a concept or process, often using symbols, lines, and texts to convey relationships and components.

Efficient

Achieving maximum productivity with minimum wasted effort or expense.