Examlex
Which of the following is not a characteristic of most less-developed countries?
Enterprise Fund
A fund used by a government to account for operations financed by user charges for services provided by the government.
Internal Service Fund
A fund used within governmental accounting to manage the costs and financing of services provided by one department to other departments on a cost-reimbursement basis.
General Fund
The primary operating fund of a governmental entity, covering most basic services like police, fire, sanitation, and general administration.
Capital Projects Fund
Capital Projects Fund is a type of government accounting fund used to track the financial resources used for the acquisition and construction of major capital assets.
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