Question
_________ fund types do not use modified accrual accounting. Options: Debt Service Special Revenue Internal Service Capital Projects Which is an example of an enterprise
_________ fund types do not use modified accrual accounting.
Options:
| Debt Service |
| Special Revenue |
| Internal Service |
| Capital Projects |
Which is an example of an enterprise fund?
Options:
| A recreational group includes parks that charge or use of the golf course, as well as refreshments, and is self-sustaining. The required financials include the cash flow, which has three sections. |
| A transportation authority charges customers for usage of the buses/trains and is self-sustaining. The required financials include the cash flow, which has four sections. |
| An IT group charges other entities within the state/local entity and has a cash flow with three sections. |
| A state government has fund that pays for bonds |
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