37. The activities of a municipal airport should be accounted for in the: A) B) C) D) Enterprise Fund. Special Revenue Fund. General Fund. Internal Service Fund. 38. Which of the following requires the use of the encumbrance system? A) Debt service fund B) Internal service fund C) Enterprise fund D) Capital projects fund 39. Repayments from the funds responsible for a particular expenditure to the funds that initially paid for them are interfund: A) reimbursements. B) loans. C) services provided and used. D) transfers 40. For a university, the receipt of assets for operating activities that have external restrictions as to the purposes for which they can be used is recorded by crediting: A) Deferred Revenue. B) Net Assets Released. C) Contribution Revenue. D) Fund Balance-Restricted. 41. All of the following are a plant fund in colleges and universities EXCEPT: A) B) C) D) funds for renewals and replacements. plant replacement and expansion fund. unexpended plant fund. investment in plant. 42. Which of the following funds of a governmental unit recognizes revenues and expenditures under the same basis of accounting as the general fund? A) Internal service B) Nonexpendable trust C) Enterprise D) Debt service