All of the Following Are True About Proprietary Funds EXCEPT

question 11

Multiple Choice

All of the following are true about proprietary funds EXCEPT:

• A) They include Internal Service Funds and Enterprise Funds.
• B) The economic resources focus is used.
• C) They include the General Fund and Special Revenue Fund.
• D) Accrual accounting is used as the basis of accounting.

---

Definitions:

Insurance Carriers

Companies that provide insurance policies to individuals or entities, covering various risks and uncertainties.

Bodily Contact

Physical interaction involving direct touch between individuals, which can be a mode of transmission for certain diseases.

Permission

The authorization to do something that is granted by a figure of authority.

Intentional Tort

A type of civil wrong where the perpetrator deliberately inflicts harm or injury on another individual, leading to legal liability.