9. What is the difference between an enterprise fund and an internal service fund? 10. Explain the difference between expenses and expenditures in a state and a local government. 11. Describe the...

9. What is the difference between an enterprise fund and an internal service fund?

10. Explain the difference between expenses and expenditures in a state and a local government.

11. Describe the difference between accounting for governmental funds and proprietary funds.

12. What is the difference between a permanent fund and a private-purpose trust fund?