Which of the Following Is an Example of an Internal

question 32

Multiple Choice

Which of the following is an example of an Internal Service Fund?

• A) State Risk Management Fund
• B) County Water and Sewer Utilities.
• C) State Lotteries.
• D) Municipal Golf Courses.

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Definitions:

BCG Matrix

A strategic planning tool that uses graphical representations of a company’s products and services to help management decide where to invest, develop, or discontinue.

Cash Cow

A cash cow is a business term for a product or business segment that generates consistently high profit margins and significant cash flow, with minimal investment.

Break-Even Analysis

An evaluation to determine the point at which revenue received equals the costs associated with receiving the revenue, indicating no net loss or gain.

Sales And Expense

Refers to the process of selling goods or services and the costs incurred during this process.