Which of the Following Funds Would Account for Operations That

question 32

Multiple Choice

Which of the following funds would account for operations that are financed and operated in a manner similar to private business enterprises?

• A) Debt Service Fund
• B) Enterprise Fund
• C) Internal Service Fund
• D) Special Revenue Fund

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Definitions:

Foreign Assets

Assets held in a country by foreign residents and businesses, which can include stocks, bonds, real estate, and other types of investments.

Domestic Investment

Investment in the financial assets and physical infrastructure within a country's own borders.

National Saving

The sum of private and public savings in an economy, representing the total amount of savings generated within a country.

Budget Deficit

The financial situation where an entity's expenditures exceed its revenues.