Governmental funds include:

Multiple Choice

• Internal service funds.

• Special revenue funds.

• Custodial funds.

• Enterprise funds.

Governmental funds include:

Multiple Choice

• Internal service funds.

• Custodial funds.

• Enterprise funds.

• Special revenue funds.

The term "proprietary funds" applies to:

Multiple Choice

• all funds that use accrual accounting.

• enterprise and internal service funds only.

• enterprise, internal service, and private-purpose trust funds.

• none of the choices are correct.

The term "fiduciary funds" applies to:

Multiple Choice

• private-purpose trust, investment trust, pension trust and custodial funds.

• enterprise and internal service funds.

• pension, investment trust and enterprise funds.

• enterprise, internal service, and private-purpose trust funds.

Which of the following fund types is present in every general-purpose government?

Multiple Choice

• Capital projects

• General

• Permanent

• Special revenue