Which of the Following Is True Regarding Financial Reporting for Internal

question 36

Multiple Choice

Which of the following is True regarding financial reporting for internal service funds?

• A) Internal service funds are reported in the governmental fund financial statements.
• B) Internal service funds are aggregated and reported as a major fund in the proprietary fund financial statements.
• C) Internal service funds are generally reported in the Business-type Activities column of the government-wide financial statements.
• D) Internal service funds are generally reported in the Governmental Activities column of the government-wide financial statements.