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:

Suppress Dissension

The act of preventing or reducing disagreement or opposition, typically within a group or organization.

Deindividuation

A psychological state characterized by diminished self-consciousness, reduced social identity, and disinhibited behavior, often occurring in group settings.

Groupthink

A psychological phenomenon that occurs within a group of people when the desire for harmony or conformity in the group results in an irrational or dysfunctional decision-making outcome.

Self-Serving Bias

The common habit of a person taking credit for positive events or outcomes, but blaming outside factors for negative events.