An internal service provided and used by a state or local government
a. requires recogn...
Business, 25.12.2019 18:31 skatingflower
An internal service provided and used by a state or local government
a. requires recognition of an other financing source by the transferee fund and an other financing use by the transferor fund.
b. normally is displayed in the financial statements as a reimbursement.
c. is the internal counterpart to a nonexchange transaction.
d. results in expenditures or expenses to buyer funds and revenues to seller funds.
Answers: 3
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