Final answer:
The statement is true. The governmental funds category includes the GF, special funds, debt service fund, capital project funds, and internal service funds.
Step-by-step explanation:
The statement that the governmental funds category includes the GF, special funds, debt service fund, capital project funds, and internal service funds is true.
The governmental funds category is one of the categories of funds used in governmental accounting. It includes funds such as the General Fund (GF), special funds, debt service fund, capital project funds, and internal service funds.
For example, the GF is the primary operating fund of a government and is used to account for most of its financial resources and transactions. Special funds are used for specific purposes, such as a fund for a particular program or project. Debt service funds are used to account for the repayment of debt, and capital project funds are used for construction or acquisition of major capital assets.
Overall, the governmental funds category includes various funds that serve different purposes within a government's financial management.