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General-purpose and, often, special-purpose governments provide other specific services-such as mass transit and water and electric utility services-financed not by taxes, but instead by user fees or charges that cover both operating and capital costs.Select one:a.Fiduciary-typeb.Business-typec.Governmental-typed.None of the choices

Question

General-purpose and, often, special-purpose governments provide other specific services-such as mass transit and water and electric utility services-financed not by taxes, but instead by user fees or charges that cover both operating and capital costs.Select one:a.Fiduciary-typeb.Business-typec.Governmental-typed.None of the choices

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Solution

The type of government that provides specific services such as mass transit and water and electric utility services, financed not by taxes, but instead by user fees or charges that cover both operating and capital costs, is referred to as a Business-type government. So, the correct answer is b. Business-type.

Similar Questions

The operating costs of these services are financed mostly by tax revenues, intergovernmental grants, and general fees.Select one:a.Fiduciary-typeb.Business-typec.None of the choicesd.Governmental-type

Which of the following services is NOT financed not by taxes, but instead by user fees or charges that cover both operating and capital cost?Select one:a.mass transitb.electricity utilityservicesc.fire stationd.water utility services

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The types of funds that come from the federal government to aid state or local governments, and sometimes require matching monies from the receiving government and/or are to be used for a specific use is called?

It includes the budget for the general government such as the executive branch, the legislative branch, public safety and the judicial branch.Select one:a.special revenue fundsb.debt service fundc.general fundd.capital projects fund

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