Internal Service Fund net assets are sometimes increased over time as a result of charges for services

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Internal Service Fund net assets are sometimes increased over time as a result of charges for services being established at a level that exceeds the costs of providing the services.

Why does this practice occur? What concerns should governments have about the practice?

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Governmental And Nonprofit Accounting Theory And Practice

ISBN: 9780132552721

9th Edition

Authors: Robert J Freeman, Craig D Shoulders, Gregory S Allison, Terry K Patton, Robert Smith,

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Question Posted: Feb 24, 2024 05:01 AM

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Internal Service Fund net assets are sometimes increased over time as a result of charges for services

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Reasons for the Practice Governments may establish charges for services at a level that exceeds the ...View the full answer

Governmental And Nonprofit Accounting Theory And Practice

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