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Home Q & A Board Other Fields Homework Help Business Accounting
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goji.go goji.go
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Posts: 5977
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9 years ago
The use of an Enterprise Fund is required by generally accepted accounting principles in each of the following situations except
A.   When user fees are charged for the majority of the activity’s operations.
B.   When an activity is financed with debt that is secured solely by the pledge of revenues.
C.   When laws and regulations require that the activity's costs be recovered with fees and charges.
D.   When pricing policies of the activity establish fees and charges are designed for cost recovery.
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Diesel
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Answer accepted by topic starter
f_zah1f_zah1
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#1
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9 years ago
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goji.go Author
wrote...
#2
9 years ago
Thanks so much f_zah1.

You were correct Smiling Face with Open Mouth
Diesel
wrote...
#3
9 years ago
You're very welcome!
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