25. a self - balancing set of accounts that represents a separate accounting entity and a separate fiscal…

25. a self - balancing set of accounts that represents a separate accounting entity and a separate fiscal entity is the definition for which of the following?\na. governmental department\nb. governmental agency\nc. ledger\nd. fund

25. a self - balancing set of accounts that represents a separate accounting entity and a separate fiscal entity is the definition for which of the following?\na. governmental department\nb. governmental agency\nc. ledger\nd. fund

Answer

Brief Explanations:

A fund is a self - balancing set of accounts representing a separate accounting and fiscal entity. Governmental departments and agencies are organizational units, and a ledger is a book or file containing accounts.

Answer:

D. Fund