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GFOA CPFO Exam - Topic 7 Question 132 Discussion

In non-reciprocal interfund activities transfers without repayment may occur because?
B) A proprietary fund is not self-supporting and C) For instance a public transit system may require a transfer form the general fund because fares and other revenues do not offset costs.
A) A proprietary fund is self-supporting
D) None of there

GFOA CPFO Exam - Topic 7 Question 132 Discussion

Actual exam question for GFOA's CPFO exam
Question #: 132
Topic #: 7
[All CPFO Questions]

In non-reciprocal interfund activities transfers without repayment may occur because?

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Suggested Answer: B, C

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