Which of the Following Is the Best Rationale/justification for Reporting

question 30

Multiple Choice

Which of the following is the best rationale/justification for reporting the business-type activities of a government in a separate fund?

• A) Laws or regulations require that the activity's costs of providing services be recovered by fees and charges rather than by general purpose taxes or similar charges.
• B) Separate funds facilitate budgeting, planning, and control.
• C) Separate funds facilitate an assessment of the activity's performance.
• D) Separate funds facilitate an assessment of the activity's fiscal status.

---

Definitions:

Water Aerobics

A form of aerobic exercise that takes place in shallow water, typically in a swimming pool, aiming to improve fitness and flexibility.

First Trimester

The initial phase of pregnancy, extending from conception to the end of the 12th week, characterized by significant developmental stages for the embryo/fetus.

Sleep Medicine

A medical specialty focused on the diagnosis and therapy of sleep disturbances and disorders.

Adults 18

Individuals who have reached the age of majority, which is legally recognized as adulthood in most jurisdictions, typically granting them full legal rights and responsibilities.