Match the Definitions to the Terms

question 6

Multiple Choice

Match the definitions to the terms.
-Cash receipts and disbursements related to the payment of interest and principal on long-term debt.

• A)Appropriations
• B)Debt service
• C)Capital projects
• D)Special assessments
• E)Internal services
• F)Enterprises
• G)Proprietary funds
• H)General fund
• I)Fiduciary funds
• J)Encumbrances

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Definitions:

Fixed Costs

Expenses that do not change in total regardless of the level of production or sales volume.

Transfer Price

The price charged for goods or services transferred between divisions or branches of the same company.

Pump Division

A designated segment of a business focused on the production or sales of pumps.

Pool Products Division

A segment within a company focused on the development, production, and sales of products related to swimming pools.