Examlex
Which of the following is true about public police officers working for private firms?
Nonexchange Transactions
Transactions where an entity receives value without directly giving or promising equivalent value in exchange.
Reimbursement
Compensation paid to someone for out-of-pocket expenses they have incurred.
Internal Service Fund
A proprietary fund in governmental accounting used to account for the financing of goods or services provided by one department to other departments on a cost-reimbursement basis.
Central Data Processing
The handling and processing of data centrally for efficiency and control, typically within the IT department of an organization.
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