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Which of the following conditions does not require that an activity which provides services for a ...

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Which of the following conditions does not require that an activity which provides services for a ...

Which of the following conditions does not require that an activity which provides services for a user fee be reported in an Enterprise Fund?
A.Net revenues are pledged as the sole security for debt issued to finance the activity.
B.Laws or regulations require the activity to recover its costs, including capital costs.
C.Pricing policies require the activity to recover its costs, including capital costs.
D.The primary source of revenue for the activity is charges to external users.

Textbook

Governmental and Nonprofit Accounting

Edition: 11^th

Authors: Freeman, Shoulders, McSwain, Scott

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derro Author

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Brilliant ツ

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Just got PERFECT on my quiz

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