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Not for profit Accounting questions: A debt service fund is a (an) 1. nonexpendable fund 2. governmental fund 3. fiduciary fund 4. proprietary fund An

Not for profit Accounting questions:

A debt service fund is a (an)

1.

nonexpendable fund

2.

governmental fund

3.

fiduciary fund

4.

proprietary fund

An internal control structure that is so weak that it does not reduce the risk of material noncompliance to an acceptable low level is call a (an)

A. Material weakness and reportable condition

B.System design deficiency

c. Unacceptable reprtable ocndition

d. Audit alert item

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