For which of the following funds would flexible budgeting be most valuable?
A)Special revenue fund.
B)Capital project fund.
C)Agency fund.
D)Enterprise fund.

Question

Quizplus · Accepted Answer

Enterprise funds are intended to operate more like a business and generate their revenue through the sale of goods or services. These types of funds may have fluctuations in revenue and expenses throughout the year, making flexible budgeting valuable to better anticipate and adapt to changes in financial performance.

For Which of the Following Funds Would Flexible Budgeting Be