The Accounting Equation for the Enterprise Fund Is

question 4

Multiple Choice

The accounting equation for the enterprise fund is

• A)assets = liabilities.
• B)current assets + current liabilities = fund balance.
• C)current assets - current liabilities = net assets.
• D)current assets + noncurrent assets - current liabilities - noncurrent liabilities = net assets.

---

Definitions:

Urea Molecules

Organic compounds and the main nitrogen-containing substance in the urine of mammals, formed in the liver from ammonia and carbon dioxide.

Ascending Limb

The part of the loop of Henle in the nephron that transports fluid from the lower to the upper parts of the kidney.

Filtrate Reabsorption

The process by which the kidneys recover water and essential ions from the filtrate during urine formation.

Obligatory

Required or compulsory, indicating something that is not optional.