Internal service fund definition

Internal service fund means a fund used to account for the financing of goods or services provided by one department or agency to other departments or agencies of the governmental unit or to other governmental units on a cost-reimbursement basis;
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Internal service fund means a fund properly authorized to finance, on a cost reimbursement basis, goods or services provided by one organizational unit of a municipal corporation to other organizational units of the municipal corporation.
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Internal service fund means a fund properly authorized to finance, on a cost reimburse-
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Examples of Internal service fund in a sentence

  • Internal service fund activity is eliminated to avoid “doubling up” revenues and expenses.

  • Internal service fund operating activity is eliminated to avoid overstatement of revenues and expenses.

  • Internal service fund balances have been eliminated against the expenses and program revenue.

  • The following is a description of the District’s internal service fund: Internal service fund - The internal service fund is used to account for the financing of goods or services provided by one department or agency to other departments or agencies of the District, or to other governments, on a cost-reimbursement basis.

  • Internal service fund charges for services are not netted or eliminated in the consolidation process.

  • The following is a description of the District’s internal service fund: Internal service fund - The internal service fund is used to account for the financing of goods or services provided by one department or agency to other departments or agencies of the district, or to other governments, on a cost-reimbursement basis.

  • Internal service fund balances, whether positive or negative, have been eliminated against governmental activity program expenses shown in the statement of activities.

  • Internal service fund - The internal service fund accounts for the financing of services provided by one department or agency to other departments or agencies of the City on a cost-reimbursement basis.

  • Internal service fund - The internal service fund accounts for the financing of services provided by one department or agency to other departments or agencies of the County on a cost reimbursement basis.

  • Internal service fund - The internal service fund is used to account for the financing of goods or services provided by one department or agency to other departments or agencies of the District, or to other governments, on a cost-reimbursement basis.


More Definitions of Internal service fund

Internal service fund means a fund properly authorized to finance, on a cost re-
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Internal service fund means a fund prop- erly authorized to finance, on a cost reimbursement basis, goods or services provided by one organiza- tional unit of a municipal corporation to other or- ganizational units of the municipal corporation.
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Internal service fund means a fund properly authorized to finance, on a cost re- imbursement basis, goods or services pro- vided by one organizational unit of a
Sample 1
Internal service fund means a fund used to account for the financing of goods or services provided by one department or agency
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Related to Internal service fund

  • internal waters means any navigable river or waterway within the State of California.

  • Stationary internal combustion engine means a spark or compression ignited, reciprocating internal combustion engine that is not a portable emission unit.

  • external engineering service means an engineering service situated outside the boundaries of a land area and that is necessary to serve the use and development of the land area;

  • external company means a foreign company that is carrying on business, or non-profit activities, as the case may be, within the Republic, subject to section 23(2);

  • Investment Facilitators/Advisors means an individual, firm, corporate or other entity appointed by the Management Company to identify, solicit and assist investors in investing in the Scheme. The investment facilitator/advisor is not authorized to perform the Distribution Functions. The Management Company shall compensate the Investment Facilitators.