Governmental Enterprise Funds
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"Enterprise Funds should not be permitted to accumulate unrestricted net assets, since to do so would indicate overpricing of its services." Do you agree? Why or why not?
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Solution Summary
This solution is a brief discussion of the Enterprise Fund and its needs to accumulate net assets.
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I agree with the statement that Enterprise Funds should not be permitted to accumulate unrestricted net assets, since to do so would indicate overpricing of services. As the name suggests an Enterprise Fund is a governemental fund that has some ...
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