Enterprise funds are reported as a part of the Governmental Activities column of the government-wide financial statements when they provide services to governmental funds.

Question

Quizplus · Accepted Answer

Enterprise funds are reported in the Business-type Activities column of the government-wide financial statements, not in the Governmental Activities column, because they operate in a manner similar to private businesses, providing services to the public on a fee-for-service basis.

Enterprise Funds Are Reported as a Part of the Governmental