Author Question: Master data are repositories of relatively permanent data maintained over an extended period of ... (Read 63 times)

Jipu 123 · **on:** Jul 5, 2018

Master data are repositories of relatively permanent data maintained over an extended period of time.
Indicate whether the statement is true or false

Question 2

An Enterprise Fund contributed 85,000 to the General Fund for operations. The money is not intended to be a loan. Which of the following statements is true?

A. The Enterprise Fund will report capital contributions of 85,000.
B. The Enterprise Fund will report other financing uses of 85,000.
C. The Enterprise Fund will report advances of 85,000.
D. The Enterprise Fund will report transfers out of 85,000.