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.

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Definitions:

OSI Reference Model

A conceptual framework that characterizes and standardizes the internal functions of a communication system or its parts, divided into seven layers.

Application Server

A server that acts as a repository for application software.

UTP Cable

Stands for Unshielded Twisted Pair cable, commonly used in telecommunications and computer networks to reduce electromagnetic interference.

Foil Shielding

A type of electromagnetic interference shielding used in cables, employing a thin layer of metal foil to block unwanted signals.