The activities of a water utility department, which offers its services to the general public on a user charge basis, should be accounted for in
A) An enterprise fund.
B) A special revenue fund.
C) The General Fund.
D) An internal service fund.

Question

Quizplus · Accepted Answer

Water utility departments are typically self-supporting and operate more like a business than a government agency. Therefore, their activities should be accounted for in an enterprise fund.

The Activities of a Water Utility Department, Which Offers Its