GASB 34 Established Four Types of Interfund Activities

question 8

Multiple Choice

GASB 34 established four types of interfund activities.Interfund activities are recognized as revenue in a governmental fund for an:

• A)Option A
• B)Option B
• C)Option C
• D)Option D

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Definitions:

User Forum

An online discussion site where people can hold conversations in the form of posted messages on various topics.

Meet Online

The act of interacting or connecting with others through internet platforms or services, for personal, social, or professional purposes.

Communicate About Products

The act of sharing information and details about products to educate, engage, or influence potential customers.

Attractiveness

A characteristic or feature of something that draws interest or appreciation from others.