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:

Moral Theory

A framework for understanding, explaining, and evaluating right and wrong behavior.

Illegal Detention

Refers to the confinement of an individual in a jail or in custody without legal authority or justification.

Unlawful Assassination

The act of killing someone illegally, often for political reasons or personal gain.

Ignatieff

Michael Ignatieff is a Canadian author, academic, and former politician known for his work on human rights and ethical issues.