Which of the Following Fund Types Does Not Use Modified

question 91

Multiple Choice

Which of the following fund types does not use modified accrual accounting?

• A) Debt Service
• B) Special Revenue
• C) Investment Trust
• D) Permanent

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Definitions:

Reserves Available

The quantities of resources or commodities in storage or available for use.

Fuel Saving

Techniques or measures adopted to reduce the consumption of fuel, enhancing efficiency.

Hybrid Vehicles

Cars that use a combination of at least one electric motor alongside a gasoline engine to propel the vehicle, often enhancing fuel efficiency.

Public Transportation

Systems of transport for passengers that are available for use by the general public, typically managed on a schedule and operated on established routes.