When a New Internal Service Fund Is Established with a Transfer

question 66

Multiple Choice

When a new internal service fund is established with a transfer of funds (not to be repaid) , which account would be credited in the internal service fund?

• A) Cash.
• B) Interfund Transfer In.
• C) Interfund Transfer Out.
• D) Estimated Revenues.

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Definitions:

Fundamental Attribution Error

The tendency to overemphasize personality-based explanations for behaviors observed in others while underestimating the role of situational factors.

Personal Dispositions

Character traits or tendencies that influence how an individual responds to situations or expresses their personality.

Situational Influences

External factors or circumstances that affect an individual's decisions, behavior, and emotions.

Fundamental Attribution Error

The bias towards attributing others' actions to their inherent qualities rather than considering the circumstances surrounding those actions.