Which of the following funds would account for operations that are financed and operated in a manner similar to private business enterprises?
A) Debt Service Fund
B) Enterprise Fund
C) Internal Service Fund
D) Special Revenue Fund

Question

Quizplus · Accepted Answer

Enterprise Funds are used to account for operations that are financed and operated in a manner similar to private business enterprises, where the intent is that the costs of providing goods or services to the general public on a continuing basis be financed or recovered primarily through user charges.

Which of the Following Funds Would Account for Operations That