The Term "Proprietary Funds" Applies To

question 126

Multiple Choice

The term "proprietary funds" applies to:

• A) enterprise and internal service funds only.
• B) all funds that use accrual accounting.
• C) enterprise, internal service, and private-purpose trust funds.
• D) none of the above answers are correct.

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Definitions:

Patrilateral Parallel-cousin

A type of kinship relationship where children of a father's brother or a mother's sister are considered close relatives, often seen in cultures with strong patrilineal descent.

Parallel-cousin Marriage

A type of cousin marriage where individuals marry cousins from their parent's same sibling (e.g., two brothers' children or two sisters' children marrying each other).

Fraternal Polyandry

A form of marriage in which a woman is married to two or more men who are brothers, practiced in some cultures for economic and societal reasons.