menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Government and Not for Profit Accounting Study Set 2
  4. Exam
    Exam 9: Business-Type Activities
  5. Question
    Governments Generally Do Not Have to Get Formal Legislative Approval
Solved

Governments Generally Do Not Have to Get Formal Legislative Approval

Question 24

Question 24

True/False

Governments generally do not have to get formal legislative approval for enterprise fund budgets or incorporate them into their accounting systems.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q19: Governments are not required to incorporate proprietary

Q20: The use of either an enterprise fund

Q21: GASB standards require that governments advance fund

Q22: Because of the rising cost of commercial

Q23: The following list of cash flows was

Q25: Any internal service fund balances that are

Q26: "Cash flows from noncapital financing activities" include

Q27: The costs of cleaning up toxic substances

Q28: "Cash flows from capital and related financing

Q29: When insurance premiums went through the roof,

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines