Which of the Following Would Least Likely Be Accounted for in an Enterprise

question 31

Multiple Choice

Which of the following would least likely be accounted for in an Enterprise Fund?

• A)a local government's mass transit operation
• B)a public swimming pool for which the government charges admission fees
• C)a municipal golf course
• D)a fire department

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Definitions:

Check Register

A record book or electronic log used to track checks written, deposits made, and current balance of a checking account.

Cash Balance

The amount of cash on hand or in bank accounts, typically shown on a company's balance sheet, representing liquid assets available for use.

Deposits

Funds placed into a bank account or a financial institution for safekeeping, which can include both cash and non-cash items.

Checks

Written, dated, and signed instruments that direct a bank to pay a specific amount of money to the bearer or a designated party.