Which of the Following Is nottrue Regarding Proprietary Funds

question 5

Multiple Choice

Which of the following is nottrue regarding proprietary funds?

• A) Enterprise funds are used by governments to account for services provided to the general public on a user-charge basis.
• B) General obligation bonds that will be paid from enterprise revenues must be reflected in the accounts of enterprise funds.
• C) Internal service self-insurance should set fees based on anticipated charges or a long-range plan to break even over time.
• D) The operation of internal service funds has no impact on other funds because it is run as a business and provides services that would have been purchased elsewhere by the other funds.

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Definitions:

Circumplex Model

A model proposing that emotions can be represented in a circular space involving two dimensions: valence and arousal.

Emotional Words

Words that convey or evoke strong feelings or emotions.

Two Dimensions

Relates to or involves two aspects, features, or elements, often implying a framework or system for analysis or classification.

Genetically Predetermined

Traits or characteristics that are decided by genes inherited from one's parents.