Which of the Following Is the Best Rationale/justification for Reporting

Multiple Choice

Which of the following is the best rationale/justification for reporting the business-type activities of a government in a separate fund?

A) Laws or regulations require that the activity's costs of providing services be recovered by fees and charges rather than general purpose taxes or similar charges.
B) Separate funds facilitate budgeting, planning, and controlling.
C) Separate funds facilitate the assessment of performance of the activity.
D) Separate funds facilitate the assessment of fiscal status of the activity.