Which of the Following Is a Difference Between Enterprise Funds

question 9

Multiple Choice

Which of the following is a difference between enterprise funds and internal service funds?

• A) The use of cost accounting by enterprise funds but not internal service funds.
• B) The customers who primarily benefit from the fund's service.
• C) The number of basic financial statements required.
• D) The measurement focus on economic resources for enterprise funds and current financial resources for internal service funds.

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Definitions:

Processing Power

Describes the capability of a computer or processor to perform operations, often measured in terms of speed and efficiency in executing tasks.

Peer-To-Peer Processing

A decentralized network model wherein peers (computers or devices) share resources directly without the need for a central server.

Central Agency

A primary government or organizational body responsible for a specific function, often providing leadership and oversight in its area of competency.

DSL Modems

Devices that provide internet access by transmitting digital data over the wires of a local telephone network.