The Reporting of Activities by an Enterprise Fund Is Most

question 48

Multiple Choice

The reporting of activities by an Enterprise Fund is most likely optional if:

• A)Fees are charged to external users for goods or services.
• B)The entity's pricing policies set fees and charges to recover costs.
• C)The entity is financed with debt, and the only security is a pledge of the activity's net revenues from fees and charges.
• D)The entity's costs are legally required to be recovered from fees and charges.