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.

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Definitions:

Principle Requirements

Fundamental or core needs that must be met to achieve a desired outcome or maintain a system’s functionality.

Supply Chain Information

Data and insights related to the flow of goods and services from raw materials to end users, critical for informed decision-making in supply chain management.

Role Of Information

The importance of data and information in making informed decisions, guiding strategies, and optimizing operations in a business context.

Supply Chain Software

Computer programs designed to manage and optimize the logistics operations and processes within a supply chain, from procurement to delivery.