Enterprise funds are primarily distinguished from internal service funds by the:
A)Type of customers they serve.
B)Different basis of accounting they use.
C)Different kinds of financial statements used to present their financial information.
D)Different budgeting approaches used.

Question

Quizplus · Accepted Answer

Enterprise funds serve external customers, while internal service funds serve internal customers within the government entity.

Enterprise Funds Are Primarily Distinguished from Internal Service Funds by The