For an Organization to Be Classified as a Government Business

Multiple Choice

For an organization to be classified as a government business enterprise, all of the following must apply EXCEPT:

A) It is a separate legal entity with the power to contract in its own name and that can sue and be sued.
B) It has been delegated the financial and operational authority to carry on a business.
C) It sells goods and services to individuals and organizations within the government reporting entity as its principal activity.
D) It can maintain operations and meet its liabilities from revenues received from sources outside of the government reporting entity.