The General Fund received $200,000 in lieu of taxes from the city owned water utility,an enterprise fund.This is an example of a(an)
A) Interfund transfer.
B) Interfund loan.
C) Internal exchange transaction.
D) Reimbursement.

Question

Quizplus · Accepted Answer

The Answer of The General Fund received $200,000 in lieu of taxes from the city owned water utility,an enterprise fund.This is an example of a(an)
A) Interfund transfer.
B) Interfund loan.
C) Internal exchange transaction.
D) Reimbursement.

The General Fund Received $200,000 in Lieu of Taxes from the City