Light poles to be paid for in installments by affected property owners$350,000 Van used to transport supplies to all city departments on a cost reimbursement basis 65,000 Equipment used for supplying electric power to residents 1,250,000

Question Continuation.

Which of the above should be accounted for in an internal service fund?

Van used to transport supplies to all city departments on a cost reimbursement basis #65,00

Explanation:

An Internal Service Fund is a type of fund that is often used by the government for accounting purposes in tracking of goods and/or service that has been shifted between two or more departments on a cost reimbursement basis.

An example of an internal service fund is the (answer) above because it involves transporting supplies to all city DEPARTMENTS.

The keyword here is DEPARTMENT because that's the essence of an internal service fund.

it is d i just took the test

the answer is "b.the increased supply will create a surplus. "

the essential thought behind price controls is straightforward - utilize the power of law to modify the equilibrium of a market. for instance, the legislature may choose that the steel business needs to survive, and in this way pass a law to set a value floor on steel. this implies all steel sold must offer at or over the floor value, which must be set over the equilibrium cost for it to have any impact. the switch could likewise happen - the administration can choose that steel is excessively costly and set a value roof underneath its equilibrium value, with the goal that all steel must be sold at or beneath that ceiling.