Ask Question
BusinessBusiness
19 February, 04:13

Governments that centralize their risk financing activities should account for this activity in which type of fund?

+3
Answers (1)
  1. 19 February, 04:41
    0
    The correct answer is letter "D": Either the General Fund or Internal Service Fund is acceptable.

    Explanation:

    The General Fund is used by the government to record all the inflows and outflows of the transactions related to daily use expenditures and long-term operations. The agency that provides the resources is the Department of Treasury through loans receivable.

    The Internal Service Fund record all transactions derived from the expenditures in the use of goods or services among government departments and agencies on a cost-reimbursement basis.

    Thus, when reporting governmental financial activities, the can be recorded in the General Fund or the Internal Service Fund.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Governments that centralize their risk financing activities should account for this activity in which type of fund? ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Some proponents of labor law reform believe that
Answers (1)
Burruss Company developed a static budget at the beginning of the company's period bases on an expected volume of 8,000 units:Revenue $4.00 per unitVariable costs $1.50 per unitContribution margin $2.50 per unit Fixed costs $2.00Net income $0.
Answers (1)
The Ford Pinto case demonstrated that it was cost-effective in the long run to allow purchasers to die. it was cost-effective in the short run to allow purchasers to die. accountants should not be trusted. the Pinto was Ford's best product.
Answers (1)
Which of the following statements describes a scenario when management should consider dropping a business division? A. The division's avoidable fixed costs are greater than its contribution margin. B.
Answers (1)
Common uses of the statement of cash flows include all but which of the following? a. Management prediction of future cash flows for decision making. b. Investor assessment of cash flows before buying and selling stock. c.
Answers (1)
New Questions in Business
The Rye Corporation has provided the following information: Total sales were $1,240,000. Beginning net accounts receivable was $49,000. Ending net accounts receivable was $63,000. Sales returns and allowances totaled $108,000.
Answers (1)
It's important to know whether you've paraphrased and cited source material for your paper correctly so you avoid plagiarism. Read the original quote below and the two attempts to paraphrase it.
Answers (1)
What is a liquidity trap? -When deflation occurs because growing debt obligations cause a decrease in aggregate demand. -When increasing price levels result in fixed-income earners "drowning" as expenses grow while income remains constant.
Answers (1)
Elisabeth gets a new credit card with a $ 5 comma 000 credit limit. Elisabeth gets a new credit card with a $5,000 credit limit. Is this counted in M1 only, M2 only, M1 and M2, or neither?
Answers (1)
The term relevant range means the range of activity over which
Answers (1)
Home » Business » Governments that centralize their risk financing activities should account for this activity in which type of fund?
Sign Up Forgot Password?