_____ Which of the following categories would not be used in the financial statements of a city-owned water utility accounted for in an Enterprise Fund?

Question

_____	Which of the following categories would not be used in the financial statements of a city-owned water utility accounted for in an Enterprise Fund?

Quizplus · Accepted Answer

Other Financing Sources and Uses is a category typically used in governmental funds, such as the General Fund, to report sources and uses of funds that are not classified as revenues or expenditures. Enterprise Funds, like a city-owned water utility, use business-type accounting and thus categorize transactions as operating or nonoperating revenues and expenses, not as other financing sources and uses.

_____ Which of the Following Categories Would Not Be Used in the Financial