When a city collects admission fees from citizens who use the public swimming pool, the money should be recorded in
A) The general fund.
B) An enterprise fund.
C) A capital projects fund.
D) An agency fund.
E) An internal service fund.

Question

Quizplus · Accepted Answer

An enterprise fund is used 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, such as admission fees for a public swimming pool.

When a City Collects Admission Fees from Citizens Who Use