Business-type activities

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business-type activities

 

Least two references  question, APA formatting.
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Distinguish between governmental activities and business-type activities.  Provide examples of each.

 

 

 

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The main difference between governmental and business-type activities is in the means by which they are financed and ways and procedures of reporting financial statements (Michael & Loyd, 2008).  Government activities are mainly financed through taxation and other intergovernmental donations while business-type activities are funded through revenues obtained from sales and other business ventures such as investments…………………….

APA

226 words

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