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.

Distinguish between ethical and legal actions in a business context.

Differentiate between public and private international law.

Recognize intellectual property and its role in international business.

Understand how regulatory environments influence international business opportunities.

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Definitions:

Brand

Name, term, sign, symbol, design, or some combination that identifies the products of one company and differentiates them from competitors’ offerings.

Nike Swoosh

The iconic logo of Nike, Inc., representing movement and speed, and one of the most recognized brand symbols globally.

Industrial Revolution

A period of major industrialization that took place during the late 1700s and early 1800s, transforming economies from primarily agrarian societies into industrialized nations.

Social Era

Describes the period characterized by the widespread use and influence of social media and networking platforms, impacting communication, business, and society.