Which of the Following Is Not a Typical Year-End Statement

question 23

Multiple Choice

Which of the following is not a typical year-end statement for an Enterprise Fund?

• A)​Balance Sheet
• B)​Statement of Revenue, Expenses and Changes in Net Assets
• C)​Statement of Cash Flows
• D)All of these financial statements would be used at year end by an Enterprise Fund.

---

Definitions:

City of Maroa

A municipality located in Illinois, known for its local governance and community services.

Zoning

The process in which government places restrictions on the use of property to allow for the orderly growth and development of a community and to protect the health, safety, and welfare of its citizens.

Government Restriction

Regulated controls or limitations imposed by governmental entities on activities, operations, or behaviors.

Property Use

The manner or purpose for which a property is used, subject to zoning laws and other regulations.