Financial Reporting - Internal Service Funds
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Internal service funds are incorporated into the:
Government wide financial statements as a part of the governmental activities
When are internal service funds considered as a part of Business activities:
If most of the customers are from Proprietary Funds.
For internal service funds, revenues are called:
Billings to departments
When internal service funds have a excess of billings over costs/surplus, this results in a reduction of ___________ in participating funds:
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