An Internal Service Fund had investments with an original cost of $100,000 . As of the end of the fiscal year, the fair market value on these investments was $85,000 . The Internal Service Fund would
A. Report expenses of $15,000.
B. Report a reduction of revenue of $15,000.
C. Not adjust the value of the investments reported on the balance sheet.
D. Report a loss on investments of $15,000.
B
Business
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Indicate whether this statement is true or false.
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