Financial statements for proprietary funds are prepared using the economic resources measurement focus.
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Q3: An enterprise fund is required if there
Q4: Unlike enterprise funds, it is frequently desirable
Q5: Internal Service funds are reported in the
Q6: The excess of assets over liabilities of
Q7: Enterprise funds are reported in the fund-basis
Q9: Proprietary funds use the modified accrual basis
Q10: Proprietary Funds use the accrual basis of
Q11: Enterprise funds are used to account for
Q12: Budgetary comparison schedules are not required for
Q13: Activities that produce goods or services to
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