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goji.go goji.go
wrote...
Posts: 5977
9 years ago
How should Internal Service Fund (ISF) activities be reported in the government-wide statement of activities?
      a.   ISF activities should be reported in a separate column
      b.   ISF activities should be included in the column headed "business-type activities."
      c.   ISF activities should be included in the column headed "governmental-type activities."
      d.   ISF activities (revenues and expenses) should be eliminated and interfund profits or losses should be eliminated by decreasing or increasing the costs of the activities that were billed
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3 Replies
Diesel
Replies
Answer accepted by topic starter
f_zah1f_zah1
wrote...
Top Poster
Posts: 10774
9 years ago
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goji.go Author
wrote...
9 years ago
Thanks so much f_zah1.

You were correct Smiling Face with Open Mouth
Diesel
wrote...
9 years ago
You're very welcome!
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