When Charges to External Users Are a Principal Revenue Source

question 22

Multiple Choice

When charges to external users are a principal revenue source of an activity, the use of an Enterprise Fund is required by generally accepted accounting principles in each of the following situations except

• A) When user fees are charged for the majority of the activity's operations.
• B) When an activity is financed with debt that is secured solely by the pledge of revenues.
• C) When laws and regulations require that the activity's costs be recovered with fees and charges.
• D) When pricing policies of the activity establish fees and charges are designed for cost recovery.

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Definitions:

Technology Addiction

An excessive dependence on digital devices and internet use, which interferes with daily life and social interactions.

Technology Anxiety

The feeling of stress or discomfort that some individuals experience when using or thinking about using technology.

Technology Overload

Technology Overload denotes the state of feeling overwhelmed due to excessive engagement with digital devices and information.

Technology Empathy

The capability or approach of understanding and addressing the needs, limitations, and possibilities of using technology in human-centric ways.