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Author Question: Which of the following would likely be accounted for in an Internal Service Fund? a. A ... (Read 74 times)

jeatrice

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Which of the following would likely be accounted for in an Internal Service Fund?
 
  a. A government's water and sewer department if it provides water and sewer services to government departments as well as to residents and businesses in the community.
  b. A government's central printing shop that provides a very minimal amount of services to a few outside customers.
  c. The Payroll and Benefits Department of the government.
  d. All of the above are likely to be accounted for in an Internal Service Fund.

Question 2

The monetary value charged to customers for the performance of services sold is called a(n)
 a. asset
  b. net income
  c. capital
  d. revenue



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emsimon14

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Answer to Question 1

B

Answer to Question 2

d




jeatrice

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Reply 2 on: Jul 6, 2018
Great answer, keep it coming :)


Dinolord

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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