Which of the Following Funds Would Be Most Appropriate for Accounting

question 20

Multiple Choice

Which of the following funds would be most appropriate for accounting for an activity that provides goods or services to the public for a fee that is intended to make the activity self-supporting?

• A) Investment trust fund.
• B) Enterprise fund.
• C) Internal service fund.
• D) Special revenue fund.

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Definitions:

Confidence Interval

A series of outcome numbers, from sample statistics, expected to contain within the unknown value of a population attribute.

Democratic Candidate

A person seeking or nominated for election representing the Democratic Party in the United States.

Confidence Interval

An interval estimate of a population parameter that is computed from sample data, indicating the reliability of an estimate.

Normally Distributed

Describes a dataset whose distribution forms a symmetric, bell-shaped curve when plotted, with most data near the mean.