CPRE Practice Questions - Certified Park And Recreation Executive Exam

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A CPRE is preparing the annual operating budget. The agency uses an enterprise fund for its golf course. Which statement BEST describes the defining feature of an enterprise fund?

It is supported entirely by property tax revenue It accounts for self-supporting activities financed primarily by user fees It is restricted to grant funding from state and federal sources It is pooled with the general fund at year-end

Correct Answer:

It accounts for self-supporting activities financed primarily by user fees

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