Which of the Following Is (Are)an Appropriate Basis of Accounting

question 68

Multiple Choice

Which of the following is (are) an appropriate basis of accounting for an internal service fund?

• A) Modified accrual basis: Yes; accrual basis: No
• B) Modified accrual basis: No; accrual basis: Yes
• C) Modified accrual basis: Yes; accrual basis: Yes
• D) Modified accrual basis: No; accrual basis: No

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Definitions:

Power Plants

Industrial facilities where electricity is generated from primary energy sources, such as coal, natural gas, nuclear, solar, or wind energy, through various technological processes.

Isolated

Being in a state of separation from others; not connected to, interacting with, or influenced by others or by external factors.

Safe

Protected from or not exposed to danger or risk; not likely to be harmed or lost.

Environment

The sum of all external conditions and influences affecting the life and development of organisms, including natural and built surroundings.