Under GASB Statement 34,enterprise Funds Must Be Used in Which

Multiple Choice

Under GASB Statement 34,enterprise funds must be used in which of the following circumstances?

A) When debt is backed solely by fees and charges.
B) When services are provided to other governmental units for a fee.
C) When the activities are expected to make a profit to be used to fund other government programs.
D) None of the above; enterprise funds are optional.