An internal service fund used to account for risk financing activities would not include which in revenue?
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An internal service fund used to account for risk financing activities would not include which in revenue?
1. A reasonable provision for profit.
2. Charges based on actuarial or other acceptable estimates of costs.
3. A reasonable provision for expected future catastrophic losses.
4. Actual losses incurred during the year.
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Related Book For
Fundamentals Of Governmental Accounting And Reporting
ISBN: 9781119736660
1st Edition
Authors: Bruce W. Chase
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