menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Accounting for Governmental
  4. Exam
    Exam 7: Accounting for the Business-type Activities of State and Local Governments
  5. Question
    If a Business-Type Activity Is Subsidized by a Government's General
Solved

If a Business-Type Activity Is Subsidized by a Government's General

Question 39

Question 39

True/False

If a business-type activity is subsidized by a government's General Fund rather than fully covering its costs of providing services with fees or charges, that activity need not be reported in an enterprise fund.

Correct Answer:

verifed

Verified

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

Related Questions

Q34: How does the statement of cash flows

Q35: GASB requires the statement of cash flows

Q36: The comprehensive annual financial report (CAFR) of

Q37: Which of the following should be accounted

Q38: Explain the difference between operating revenues/expenses and

Q40: The following cash transactions were among those

Q41: Customers' meter deposits, which cannot be spent

Q42: How should financial information for internal service

Q43: Which of the following account balances would

Q44: Which of the following should be accounted

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