The Activities of a Water Utility Department, Which Offers Its

question 20

Multiple Choice

The activities of a water utility department, which offers its services to the general public on a user charge basis, should be accounted for in

• A) An enterprise fund.
• B) A special revenue fund.
• C) The General Fund.
• D) An internal service fund.

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Definitions:

Relational Database

A relational database is a digital database based on the relational model of data, where data is organized into tables (known as relations) that are related by common fields, allowing for efficient data retrieval and management.

Batch Processing

The accumulation of transaction data until a certain point is reached, at which time several transactions are processed at once.

Transaction

A process of buying or selling goods or services, or any exchange of value between two or more parties.