Used to track resources earmarked for a specific purpose an


Match the following terms with the most correct statement below:

a. Debt service fund

b. Component units

c. Encumbrance

d. Proprietary fund

e. Internal service funds

f. Special revenue fund

g. General fund

h. Trust fund

     1. ________________ Used to track resources earmarked for a specific purpose.

     2. ________________ Funds used to track resources available to pay interest and loans.

     3. ________________ An enterprise or internal service fund.

     4. ________________ Used to designate funds which are obligated under a legal contract.

     5. ________________ Used for routine ordinary activities of government.

     6. ________________ A type of fiduciary fund.

     7. ________________ Business-type fund where the services are provided to other units of government.

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Financial Management: Used to track resources earmarked for a specific purpose an
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