Which of the Following Is Not a Typical Means of Dissolving

question 46

Multiple Choice

Which of the following is not a typical means of dissolving an internal service fund that a city no longer needs or wants?

• A) Conversion of the fund's noncash assets to cash and distribution of the cash to another fund or funds.
• B) Transfer the fund's assets to another fund that will continue the same or similar operating activities.
• C) Distribute the fund's assets in kind to another fund or funds that will not continue the same or similar operating activities.
• D) Transfer the fund's assets to a not-for-profit organization that provides charitable services in the community.

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Definitions:

Segmental Arteries

Arteries that branch off from major arteries and supply blood to specific segments of an organ or body part.

Muscular Organ

An organ composed primarily of muscle tissue, designed to contract and move or push substances through the body, such as the heart or stomach.

Temporarily Stores

Refers to the transient holding or preserving of information, goods, or energy until needed.

Urine

A liquid waste product filtered from the blood by the kidneys, stored in the bladder, and expelled from the body.