In Which Fund Type Is Interest on Long Term Debt

question 154

Multiple Choice

In which fund type is interest on Long Term Debt typically not accrued,yet is recognized as an expenditure in the year in which interest is legally due?

• A) Debt service fund.
• B) Internal Service Fund.
• C) Enterprise Fund.
• D) Pension Fund.

---

Definitions:

Is Null

A condition or operator in programming and database management that checks for the absence of a value.

Email Field

A designated input area within a form or database for capturing a user's email address.

New York

A state in the northeastern United States, known for its significant cultural, financial, and media influence globally.

City Field

An input field in a form or database specifically reserved for entering the name of a city.