The Two Types of Proprietary Funds Include

question 47

Multiple Choice

The two types of proprietary funds include:

• A) Enterprise funds and capital projects funds.
• B) Enterprise funds and internal service funds.
• C) Internal service funds and capital project funds.
• D) Agency funds and enterprise funds.

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Definitions:

Growth Rate

Growth rate refers to the percentage change in a specific variable over a specified period, commonly used to indicate the increase in a company’s revenue or economy's GDP.

Source Bias

The tendency of a source of information to lean towards a particular perspective or opinion, potentially influencing the objectivity of the information presented.

FCC

Stands for the Federal Communications Commission, which is a U.S. government agency regulating interstate and international communications by radio, television, wire, satellite, and cable.

Regulatory Power

Regulatory power is the authority granted to governmental agencies or bodies to establish and enforce rules and regulations governing the behavior of individuals, businesses, and other organizations.