Question
What are the characteristics of a proprietary fund? How do internal service funds and enterprise funds differ? Although proprietary funds are often compared to for-profit
What are the characteristics of a proprietary fund?
How do internal service funds and enterprise funds differ?
Although proprietary funds are often compared to for-profit businesses, there are several differences between accounting for proprietary funds and accounting for a for-profit organization. Identify and discuss at least one difference for each of the fund financial statements.
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Core Concepts Of Accounting Information Systems
Authors: Nancy A. Bagranoff, Mark G. Simkin, Carolyn Strand Norman
11th Edition
9780470507025, 0470507020
