Which of the following is not a category of WCFs?

Which of the following is not a category of WCFs?

• A. Stock funds
• B. Industrial funds
• C. Stock and Industrial funds
• D. Treasury funds

Answer: (D)

Working Capital Funds are self-sustaining revolving funds used by DoD activities to finance operations through charges to internal customers. They fall into three established categories: stock funds, which maintain inventories and sell to internal customer activities; industrial funds, which perform production or processing activities for internal customers; and a combination of both, known as stock and industrial funds. Treasury funds do not fit as a WCF category because they are not DoD revolving funds managed within the DoD framework; they belong to the U.S. Treasury’s own fund structure and follow treasury rules. Therefore, Treasury funds are not considered a category of Working Capital Funds.

Working Capital Funds are self-sustaining revolving funds used by DoD activities to finance operations through charges to internal customers. They fall into three established categories: stock funds, which maintain inventories and sell to internal customer activities; industrial funds, which perform production or processing activities for internal customers; and a combination of both, known as stock and industrial funds. Treasury funds do not fit as a WCF category because they are not DoD revolving funds managed within the DoD framework; they belong to the U.S. Treasury’s own fund structure and follow treasury rules. Therefore, Treasury funds are not considered a category of Working Capital Funds.