_____ How would an annual subsidy from the General Fund to one of the proprietary funds be reported in the General Fund's operating statement?
A) Interfund loan.
B) Interfund transfer.
C) Interfund reimbursement.
D) Interfund reciprocal transfer.
E) None of the above.

Question

_____	How would an annual subsidy from the General Fund to one of the proprietary funds be reported in the General Fund's operating statement?
A) Interfund loan.
B) Interfund transfer.
C) Interfund reimbursement.
D) Interfund reciprocal transfer.
E) None of the above.

Quizplus · Accepted Answer

An annual subsidy from the General Fund to one of the proprietary funds is reported as an interfund transfer in the General Fund's operating statement. This reflects the movement of resources from the General Fund to another fund without expectation of repayment, distinguishing it from a loan or reimbursement.

_____ How Would an Annual Subsidy from the General Fund to One