With the adoption of GASB statement #35 in 1999, governmental health care organizations are required to report their activities in a manner more like a(n):

Question

Quizplus · Accepted Answer

GASB statement #35 requires governmental health care organizations to report their activities like an enterprise fund. An enterprise fund is used for activities that are financed and operated in a manner similar to those of a commercial enterprise. Therefore, reporting as an enterprise fund allows for more accurate reporting of the business-like activities of the health care organization.

With the Adoption of GASB Statement #35 in 1999, Governmental