An enterprise or internal service fund

Assignment Help Financial Management

Reference no: EM131913505

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. Trust fund

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

2. ________________ Funds used to track resources available to pay interest and loans.

3. ________________ An enterprise or internal service fund.

4. ________________ Used to designate funds which 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.

Reference no: EM131913505

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