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Home Q & A Board Other Fields Homework Help Business Accounting
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goji.go goji.go
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Posts: 5977
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10 years ago
Which of the following statements accurately describes why the statement of revenues, expenses and changes in net position for an Internal Service Fund differs slightly from one for an Enterprise Fund?
A.   Internal Service Funds do not report operating revenue.
B.   Internal Service Funds report other financing sources and uses.
C.   Internal Service Funds do not report depreciation expense.
D.   The statement of revenues, expenses and changes in net position is formatted the same for Enterprise Funds and Internal Service Funds.
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Diesel
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f_zah1f_zah1
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10 years ago
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