Interfund Transactions Include All of the Following Except For:​

question 34

Multiple Choice

Interfund transactions include all of the following except for:​

• A)​one fund's reimbursement of another for supplies paid on its behalf
• B)​interfund operating transfers between government funds for services provided and used and recorded as revenues and expenditures/expenses
• C)​interfund loan transfers classified as Due to/from other Funds
• D)​interfund non-reciprocal transfers between government funds recorded as interfund transfers appearing after non-operating revenues

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Definitions:

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Direction

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A function in computing and software applications that analyzes two sets of data, files, or documents to identify differences or similarities.