When Accounting for Inventory in an Enterprise Fund, Which of the Following

question 45

Multiple Choice

When accounting for inventory in an Enterprise Fund, which of the following methods should be used for external financial reporting?

• A) Acquisition method.
• B) Allocation method.
• C) Consumption method.
• D) Purchases method.

---

Definitions:

Diastole

The phase of the heartbeat when the heart muscle relaxes and allows the chambers to fill with blood.

Resting

The state of being at ease, still, or inactive, allowing for recovery and rejuvenation of the body and mind.

Filling

A process or action that results in a space or container becoming full, often used in medical contexts to describe the restoration of lost tissue volume or the application of dental materials to cavities.

Dilation

The process of expanding or widening in size, often referring to the dilation of blood vessels or pupils.