Enterprise funds should not be permitted to accumulate unrestricted net position, since to do so would indicate

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"Enterprise funds should not be permitted to accumulate unrestricted net position, since to do so would indicate overpricing of its services." Do you agree? Why or why not?

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Accounting for Governmental and Nonprofit Entities

ISBN: ?978-0073379609

15th Edition

Authors: Earl R. Wilson, Jacqueline L Reck, Susan C Kattelus

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Question Posted: Sep 27, 2017 12:32 AM

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Enterprise funds should not be permitted to accumulate unrestricted net position, since to do so would indicate

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No It is in the best interest of taxpayers that enterprise funds be selfsupporting While ...View the full answer

Accounting for Governmental and Nonprofit Entities

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