Ask Question
BusinessBusiness
13 March, 15:56

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

+5
Answers (1)
  1. 13 March, 17:56
    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?
Get 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 there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
The deposit expanison multiplier is used to calculate the maximum possible increase in the money supply if all excess reserves are loaned out. Which of the following can cause the actual increase in money to be less than the maximum. A.
Answers (1)
Selling a product abroad for less than the cost of production is referred to as A) dumping B) setting up quotas C) direct foreign investment D) imposing tariffs
Answers (1)
Kawasaki Company incurred the following unit costs in manufacturing digital cameras: Direct Materials $14 Indirect Materials (variable) $4 Direct Labor $8 Indirect Labor (variable) $6 Other Variable Factory Overhead $10 Fixed Factory Overhead $28
Answers (1)
ABC would like to market their products in Brazil. Armed with the design and manufacturing capability, ABC is looking for a company with the distribution channels and knowledge of the Brazil culture necessary to market their products.
Answers (1)
The monetary transmission mechanism works through the effects of changes in the money supply on:
Answers (1)
New Questions in Business
Corporations have more ways to raise to pay for productive resources than small firms or not-for-profit organizations.
Answers (1)
Thom owes $8,600 on his credit card. The credit card carries an APR of 19.1 percent compounded monthly.
Answers (1)
Dana was a stay-at-home mother until her recent divorce. she went back into the paid workforce to provide for her child. she loves her job but is concerned that she is not at home to spend more time with her child. should dana be worried about this?
Answers (1)
Explain how each of the following relates to the financial crisis of 2007-2008:  Declines in real-estate values.  Subprime mortgage loans.  Mortgage-backed securities.
Answers (1)
Which assumption or principle requires that all information significant enough to affect decisions of reasonably informed users should be reported in the financial statements? Going concern. Historical cost. Full disclosure. Matching.
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?