As per GASB 34, enterprise fund must be used when, a- All of these. b-Debt...
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Accounting
As per GASB 34, enterprise fund must be used when,
a- All of these.
b-Debt is backed solely by fees from providing services.
c-Government has a policy to establish fees to cover cost of providing service.
d-Legal circumstances exist that cost of providing services can be recovered from fees.
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