The Sale of Revenue Bonds by a Water Utility Fund

question 50

Multiple Choice

The sale of revenue bonds by a water utility fund would be recorded:

• A) In the governmental activities column as a liability.
• B) In an enterprise fund as Proceeds of Bonds.
• C) In an enterprise fund as a liability.
• D) In an enterprise fund as a revenue.

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Definitions:

Isolated

Being separated from others, or a condition of having minimal contact or little in common with the outside world, often implying loneliness or segregation.

Functions

The duties, roles or activities that an individual, group, or organization is expected to perform or has been designed to carry out.

Managers

Individuals in an organization responsible for planning, organizing, leading, and controlling resources to achieve specific goals.

Stickiness

In the context of websites and online services, it refers to the ability to retain users' attention and encourage repeated visits or prolonged engagement.