ACC 308 MC Study guides, Class notes & Summaries
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ACC 308 MC LATEST EXAM A+ GRADE GUARANTEED
- Exam (elaborations) • 5 pages • 2024
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of the following funds of a governmental until would account for long-term 
assets in the fund's accounts? 
a. General 
b. Enterprise 
c. Debt Service 
d. Special Revenue 
e. both b. and d. 
CORRECT ANSWER: B 
2.If a governmental unit established a data processing center to service all agencies 
within the unit, the center should be accounted for as a(n) 
a. Enterprise fund 
b. Trust fund 
c. Internal service fund 
d. agency fund 
CORRECT ANSWER: C 
Brainpower 
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3.A municipality's s...
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ACC 308 MC LATEST QUESTIONS AND 100% VERIFIED ANSWERS A+ GRADE GUARANTEED
- Exam (elaborations) • 5 pages • 2024
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ACC 308 MC LATEST QUESTIONS 
AND 100% VERIFIED ANSWERS A+ 
GRADE GUARANTEED 
 of the following funds of a governmental until would account for long-term 
assets in the fund's accounts? 
a. General 
b. Enterprise 
c. Debt Service 
d. Special Revenue 
e. both b. and d. 
CORRECT ANSWER: B 
2.If a governmental unit established a data processing center to service all agencies 
within the unit, the center should be accounted for as a(n) 
a. Enterprise fund 
b. Trust fund 
c. Internal service fund 
d....
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