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21 June, 09:21

Which of the following funds would be most appropriate when accounting for an activity that provides goods or services to the public for a fee that is intended to make the activity self-supporting?

A. Investment trust fund. B. Enterprise fund. C. Internal service fund. D. Special revenue fund.

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  1. 21 June, 09:36
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    B. Enterprise fund

    Explanation:

    Enterprise fund

    It is a government fund, which is self - supported and which sells services and goods to the public in exchange of a fee.

    For example,

    a power generating facility provides electricity to the local people in exchange of a fee.

    Hence, from the data of the question, the appropriate answer is Enterprise fund.
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