Question

A city Enterprise Fund was awarded an operating grant during the fiscal year. Assuming qualifying costs were incurred during the year and all other eligibility requirements were met, the Enterprise Fund will report this grant on the statement of revenues, expenses, and changes in net position as Group of answer choices Operating revenues. Nonoperating revenues. Other financing uses. Other financing sources.

Answer 1

Answer:

the Correct Answer is " Non-operating revenues"

Explanation:

A city Enterprise Fund got a working award during the monetary year. The Enterprise Fund will report this award on the announcement of incomes, costs, and changes in net situation as Non-operating revenues. However, Non-operating revenues is the segment of an association's salary that is gotten from exercises not identified with its center business activities. It can incorporate things, for example, profit salary, benefits or misfortunes from ventures, just as additions or misfortunes brought about by outside trade, and resource compose downs.