Impact Fees Imposed on Commercial Developers by an Enterprise Fund

question 3

Multiple Choice

Impact fees imposed on commercial developers by an enterprise fund and not associated with specific projects or improvements are recorded as:

• A) Transfers from the enterprise fund to a capital projects fund.
• B) Operating revenues to the enterprise fund.
• C) Capital contributions to the enterprise fund.
• D) Unearned revenue to the enterprise fund.

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Definitions:

Transition Management

The process of guiding individuals, teams, or organizations through a series of changes, from one state to another to achieve desired outcomes.

Status Quo

The existing state or condition of affairs, often used in the context of maintaining current situations without change.

Readiness for Change

The degree to which an individual or organization is prepared and willing to adopt new behaviors or processes.

Resistance to Change

The reluctance or opposition to modifications in procedure, process, or culture within an organization or individual life.