In Which of the Following Funds Would It Not Be

question 12

Multiple Choice

In which of the following funds would it not be appropriate to record depreciation of capital assets?

• A) Special revenue fund.
• B) Enterprise.
• C) Internal service.
• D) Pension trust.

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Definitions:

Pinnacle

The highest or topmost point or level, often metaphorically used to denote the peak of achievement or quality.

Negative Terms

A concept in logic and philosophy describing expressions that negate a particular proposition or quality.

Essential Attributes

Fundamental qualities or features that define or distinguish the essence of a subject.

Negative Concept

An idea or category defined by the absence of certain attributes or qualities rather than the presence of them.