Which of the Following Is True Regarding Internal Service Funds

question 97

Multiple Choice

Which of the following is true regarding internal service funds?

• A) Internal service funds provide services primarily to external users on a user charge basis.
• B) Internal service funds normally record the annual budget in the accounts.
• C) Internal service funds' capital assets are not accounted for in the accounts.
• D) Internal service funds use full accrual accounting.

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Definitions:

Sex-Typical Attributes

Characteristics generally associated with one gender based on cultural norms or biological factors.

Female-Stereotypical Traits

Attributes or characteristics traditionally or culturally associated with women, often related to gender roles or expectations.

Valued

Being held in high esteem or regard; considered to be important, beneficial, or worthwhile by individuals or society.

Racial Prejudice

Preconceived judgment or opinion, often negative, directed toward people because of their race.