Business-type activities differ from governmental-type activities in that
a. Most capital assets of business-type activities are considered to be revenue producing capital assets, while those in governmental-type activities generally are not.
b. Business-type activities never have the power to levy a tax.
c. Business-type activities do not adopt a budget.
d. All of the above statements accurately reflect actual differences between business-type and governmental-type activities.
e. Items b and c only accurately reflect primary differences between business-type and governmental-type activities.
A
You might also like to view...
An appeal that attempts to stir up either negative or positive sentiments that can motivate purchase is called a(n) ________ appeal
A) rational B) structural C) emotional D) moral E) standard
The Reduced Cost may be viewed as the difference between the marginal contribution of a variable and the marginal value of the resources it consumes
Indicate whether the statement is true or false