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Business Type Activities called Proprietary Funds (Enterprise and Internal Service Funds)" Please respond to the following:

• • In Chapter 9, we learn that business-type activities of governments are accounted for in a fashion similar to those carried out by businesses. It is easy to understand that accounting for these services is done on a full accrual basis of accounting; however, give your opinion on the way in which this integrates with the modified basis of accounting used by governmental funds. Use the textbook and GASB materials to support your position.
  • Analyzethevarioustypesofbusiness-typefundsusedingovernmentalunits,andprovideanexampleofwheneachisappropriate.Indevelopingyourinitialdiscussionpostandincommentingonyourclassmatesresponses,considerthecontinuingproblem(theCityofAustin,Texas)orperhapsfrompublishedmaterialfromyourhomestateorcity.
• PLEASE KEEP AROUND 100- 150 WORDS IF POSSIBLE