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Which of the following funds would be most appropriate when accounting for an activity that provides goods or services to the public for a fee that is intended to make the activity self-supporting?

A. Investment trust fund.B. Enterprise fund.C. Internal service fund.D. Special revenue fund.

asked
User Gugge
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1 Answer

1 vote

Answer:

B. Enterprise fund

Step-by-step explanation:

Enterprise fund

It is a government fund , which is self - supported and which sells services and goods to the public in exchange of a fee .

For example ,

a power generating facility provides electricity to the local people in exchange of a fee .

Hence , from the data of the question , the appropriate answer is Enterprise fund .

answered
User Glyphack
by
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