6. What characteristic determines whether an activity should be accounted for in a special revenue fund or in a permanent fund? 7. Describe two major types of interfund transfers. Under what...


6. What characteristic determines whether an activity should be accounted for in a special revenue fund or in a permanent fund?


7. Describe two major types of interfund transfers. Under what circumstances is each used?


8. What is the difference between an agency fund and a trust fund?



May 02, 2022
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