Part 1

Review the regulations regarding internal service funds and enterprise funds. Compare and contrast the two funds and, in your own words, explain how each function in a governmental accounting operation. For details on how to organize your comparisons, review the Writing Center’s guide, Compare & Contrast Assignments (Links to an external site.).300 words

Part 2

List and describe, in your own words, the various types of fiduciary trust funds one might encounter in governmental accounting, giving an example of each type. 300 words

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