Match the following terms with the most correct statement below. a. Debt service fund b. Component units c. Encumbrance d. Proprietary fund e. Internal service funds f. Special revenue fund g. General...


Match the following terms with the most correct statement below.


a. Debt service fund


b. Component units


c. Encumbrance


d. Proprietary fund


e. Internal service funds


f. Special revenue fund


g. General fund


h. Custodial fund


1. _____ Used to track resources earmarked for a specific purpose


2. _____ Used to track resources available to pay interest and loans


3. _____ An enterprise or internal service fund


4. _____ Used to designate funds that are obligated under a legal contract


5. _____ Used for routine ordinary activities of government


6. _____ A type of fiduciary fund


7. _____ Business-type fund where the services are provided to other units of government



May 03, 2022
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