Question: How do you compare the accounting for enterprise funds with that of (a) businesses and (b) governmental funds? Summarize the reasons both for and against
How do you compare the accounting for enterprise funds with that of (a) businesses and (b) governmental funds? Summarize the reasons both for and against accounting for enterprise funds differently than governmental funds.
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Enterprise funds GAAP requires that governments to use the enterprise fund type to account for busin... View full answer
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