Which of the Following Are Best Described as Proprietary Funds

question 50

Multiple Choice

Which of the following are best described as proprietary funds?
I.Internal Service funds
II.Pension funds
III.Enterprise funds

• A) I only.
• B) I and II.
• C) I and III.
• D) I, II, and III.

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Definitions:

EPS

Earnings per share, a key indicator of a company's profitability, calculated as the company's net profit divided by the number of its outstanding shares.

DFL

Degree of Financial Leverage; a measure that shows how much a company's earnings per share (EPS) are affected by changes in its operating income, indicating the volatility of earnings.

Dividends Per Share

The amount of dividends paid to shareholders, divided by the number of outstanding shares of a company's stock.

Stock Price

The present rate at which a company's stock is bought and sold on the stock exchange.