Under GASB 34,enterprise Funds Must Be Used

Multiple Choice

Under GASB 34,enterprise funds must be used:

A) When debt is backed solely by fees and charges.
B) When a legal requirement exists that the cost of providing services for activity, including capital costs, be recovered through fees or charges.
C) When a government has a policy to establish fees and charges to cover the cost of providing services for an activity.
D) All of the above.