In Which of the Following Circumstances Must an Enterprise Fund

question 66

Multiple Choice

In which of the following circumstances must an enterprise fund be used to account for the activity?

• A) A newly created electric utility fund will finance its operations by a charge to users based on kilowatt hours used.
• B) To finance the acquisition of plant facilities, a newly created electric utility issues general obligation debt.
• C) To finance the acquisition of plant facilities, a newly created electric utility issues revenue bonds that will be repaid solely from operations of the electric utility.
• D) To acquire needed plant facilities, a newly created electric utility enters into long-term lease agreements.

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Definitions:

Negative Symptoms

In mental health, symptoms that reflect a reduction or lack of functions and abilities that are normally present, often seen in conditions like schizophrenia.

Antisocial Personalities

A personality disorder characterized by a long-term pattern of disregard for, or violation of, the rights of others.

Temporal Lobe

A region of the brain involved in processing sensory input and assigning it emotional meaning, among other functions.

Autistic Disorder

A neurodevelopmental disorder characterized by challenges in social interaction, communication, and restricted or repetitive behaviors and interests.