33) When a supplies internal service fund records a billing to the General Fund, the journal entry in the internal service fund will include:

A. A debit to Due from General Fund.

B. A debit to Due to General Fund.

C. A debit to Billings to Department.

D. A debit to Inventory of Supplies.

34) Which of the following illustrates the appropriate basis of accounting for enterprise and internal service funds?

Enterprise Funds Internal Service Funds

A. Modified Accrual Modified Accrual

B. Modified Accrual Accrual

C. Accrual Modified Accrual

D. Accrual Accrual

35) An internal service fund normally uses which of the following budgetary accounts?

A. Estimated Revenues.

B. Appropriations.

C. Encumbrances.

D. An internal service fund normally does not use budgetary accounts.

36) Which of the following accounts would appropriately be included on an enterprise fund balance sheet?

A. Fund Balance: No; Net PositionUnrestricted: Yes.

B. Fund Balance: Yes; Net PositionUnrestricted: No.

C. Fund Balance: No; Net PositionUnrestricted: No.

D. Fund Balance: Yes; Net PositionUnrestricted: Yes.

37). The Albany City Golf Course, an enterprise fund, purchased a new stove for use in the courses snack shop. The debit for the entry to record the purchase in the enterprise fund should be to:

A. Expenditures.

B. Inventory.

C. Equipment.

D. Governmental capital asset.

38) How should financial information for internal service funds be reported in the government-wide financial statements?

A. As part of governmental activities.

B. As part of business-type activities.

C. Amounts allocated proportionately between governmental and business-type activities.

D. Usually as part of governmental activities, unless the internal service fund predominantly

serves one or more enterprise funds.

39) Which of the following activities or transactions would normally not be accounted for in a capital projects fund?

A. Construction of a new city jail.

B. Construction of airport runways financed by revenue bonds and to be repaid from the

revenues of the city airport, an enterprise fund.

C. Lease of a building to be used as a city office building.

D. Construction of a new city park to be maintained primarily from General Fund revenues.

40) The sale of revenue bonds by a water utility fund would be recorded:

A. In the governmental activities column as a liability.

B. In an enterprise fund as Proceeds of Bonds.

C. In an enterprise fund as a liability.

D. In an enterprise fund as a revenue.