The Term "Proprietary Funds" Applies To

question 32

Multiple Choice

The term "proprietary funds" applies to:

• A) enterprise funds only.
• B) all funds that use accrual accounting.
• C) enterprise, internal service, and private-purpose trust funds.
• D) none of the above answers are correct.

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Definitions:

Continuance Commitment

A form of commitment that is based on the costs that an individual associates with leaving an organization.

Affective Commitment

The emotional attachment, identification, and involvement that an employee has with their organization.

Normative Commitment

The level of an individual's psychological attachment to an organization because of a sense of obligation.

Socialization Practices

Processes through which individuals learn the skills, knowledge, norms, and values necessary to perform their roles and adapt to a group or organizational culture.