Which of the Following Would Be Considered an Internal Exchange

question 3

Multiple Choice

Which of the following would be considered an internal exchange transaction?

• A)The General Fund transfers $200,000 to establish a Central Supplies Fund; this amount will not be repaid.
• B)The General Fund transfers $125,000 to the Debt Service Fund for payment of currently due bond interest payments.
• C)The General Fund orders and receives supplies from the Central Supplies Fund in the amount of $9,000.
• D)The Capital Projects Fund completes a library building project and transfers the remaining cash to the Debt Service Fund.

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Definitions:

Delay Marriage

The decision or trend of postponing marriage until a later age than traditionally observed.

Set in Their Ways

Describes people who are resistant to change and prefer to stick to their established habits or opinions.

Less Likely

Having a smaller chance or probability of occurring or being true, often used in comparative assessments of risk or behavior.

Acceptance of Divorce

The recognition and acknowledgment that divorce can be a necessary and positive option for individuals in unhappy marriages.