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When was Albanian-American Enterprise Fund created?
Albanian-American Enterprise Fund was created in 1998.
What is the Difference between internal service fund and enterprise fund?
Enterprise fund is a fee for service. Internal service fund is services from one department to another on a cost reimbursement basis.
Enlist the activities World Wide Fund for Nature?
what are the activities of worldwide fund for nature
What equity classifications would not apply to an enterprise fund?
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When is it appropriate to account for special assessment activities in an agency fund?
Special assessment activities should be accounted for in an agency fund when a government entity collects resources from property owners to fund specific projects that benefit those properties, such as street improvements or sewer installations. These funds are typically held temporarily until they are distributed to the appropriate entities or used for the designated purpose. The agency fund is appropriate because it reflects the government's role as an intermediary, managing resources without having ownership of them. This ensures transparency in how these funds are handled and reported.
What is GFEBS?
GFEBS stands for General Fund Enterprise Business System.
Is the enterprise fund full accrual or modified accrual accounting?
It's full accrual because it is considered part of the business type activities of a government. Something, such as the general fund, is considered modified because it is a budgetary tool and it would not consider future liabilities, only current.
What are Government Enterprise Funds?
Enterprise FundsGAAP requires state and local governments to use the enterprise fund type to account for "business-type activities" - activities similar to those found in the private sector. Business type activities include services primarily funded through user charges.NCGAS 1 (National Council on Governmental Accounting Statement No 1)defines the purpose of enterprise funds as:"…to account for operations (a) that are financed and operated in a manner similar to private business enterprises -where the intent of the governing body is that the costs (expenses, including depreciation) of providing goods or services to the general public on a continuing basis be financed or recovered primarily through users charges; or (b) where the governing body has decided that periodic determination of revenues earned, expenses incurred, and/or net income is appropriate for capital maintenance, public policy, management control, accountability, or other purposes."State and local governments should use an enterprise fund to account for its activities when the criteria of either (a) or (b) are met. Moreover, it is important to note that the total cost of the activity does not have to be paid for by the user charges. The government (or other governmental entity) may subsidize a significant portion of the costs of the enterprise fund.
How could a charity organization benefit from a social enterprise?
A charity enterprise could benefit from social enterprise because it is a good way to have causes and fund raisers show to a mass audience in a sort amount of time.
What is a full service city?
A city that provides locally controlled police, fire and public works services through their general fund budget. Some cities also have sewer districts fund through an enterprise fund.
What does the F in UNFPA stand for?
The 'F' in UNFPA stands for FUND. The UNFPA is the United Nations Fund for Population Activities.
Why do wepay taxes?
We pay taxes to fund government activities.
