Inflows from self-supporting operations by a private college are known as auxiliary enterprises and are classified as
A) Unrestricted Revenue
B) Temporarily Restricted Revenue
C) Permanently Restricted Revenue
D) Either A or B

Question

Quizplus · Accepted Answer

Auxiliary enterprise activities represent revenues and expenses related to units of the college that provide services to students on a user fee basis and is classified as unrestricted operating revenue.

Inflows from Self-Supporting Operations by a Private College Are Known