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Which of the Following Conditions Does Not Require That an Activity

Question 15

Multiple Choice

Which of the following conditions does not require that an activity which provides services for a user fee be reported in an Enterprise Fund?


A) Net revenues are pledged as the sole security for debt issued to finance the activity.
B) Laws or regulations require the activity to recover its costs, including capital costs.
C) Pricing policies require the activity to recover its costs, including capital costs.
D) The primary source of revenue for the activity is charges to external users.

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