Internal Service Funds Are Be Used

question 120

Multiple Choice

Internal Service Funds are be used:

• A) When debt is backed solely by fees and charges
• B) When activities that produce goods or services to be provided to other departments or other governmental units on a cost-reimbursement basis
• C) When a legal requirement exists that the cost of providing services for an activity, including capital costs, be recovered through fees or charges
• D) When governments account for services provided to general public on a user-charge basis