Question
Access a governments CAFR (or use the one obtained in Learning Plan 1) for the following questions. What activities of the government are reported as
Access a governments CAFR (or use the one obtained in Learning Plan 1) for the following questions. What activities of the government are reported as being administered by internal service funds? (Note: Working capital funds, revolving funds, industrial funds, and intra-governmental service funds are other names used for funds of the type discussed in Chapter 7.) If internal service funds are not being used by the reporting entity, does the report disclose how financing and accounting for activities such as purchasing, motor pools, printing, data processing and other activities commonly used by more than one fund are handled? Does the report state the basis of accounting used for the internal service funds?
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