Which of the Following Is not True Regarding Enterprise

question 92

Multiple Choice

Which of the following is not true regarding enterprise funds?

• A) Similar to commercial businesses, enterprise funds equity accounts include both contributed capital and retained earnings.
• B) A Statement of Revenues, Expenses, and Changes in Fund Net Position would be the primary operating statement for enterprise funds.
• C) Enterprise funds' Cash Flow Statements could have up to four categories.
• D) None of the above; all are true.

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Definitions:

Message Shortness

The practice of making communications brief and to the point, often to improve clarity or efficiency.

Negative Messages

Communication that conveys a refusal, rejection, or other unpleasant news in a tactful and considerate manner.

Buffer

A neutral opening statement in an indirect negative message that establishes common ground with the reader without revealing the main idea.

Specific Statements

Precise and clear expressions that convey particular information or detail without ambiguity.