Which of the following funds of a governmental unit uses the same basis of accounting as an
Question:
Which of the following funds of a governmental unit uses the same basis of accounting as an enterprise fund?
a. Special revenue
b. Internal service
c. Permanent fund
d. Capital projects
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Fund Accounting vs Enterprise Fund Accounting Governmental units use a specific type of accounting called fund accounting which is different from the ...View the full answer
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Related Book For
Advanced Financial Accounting
ISBN: 9781260165111
12th Edition
Authors: Theodore Christensen, David Cottrell, Cassy Budd
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