Question

In the government-wide statements, Internal Service Funds are most commonly a(n) ________ activity, whereas Enterprise Funds are a(n) ________ activity.

Answer 1

Answer: business type; governmental

Explanation:

It should be noted that the main difference that exists between the enterprise fund and the internal service fund is that while the enterprise fund

are used to give services to general public, the internal service funds are used in the provision of services within governmental organization.