121.Why might it be desirable for an enterprise fund to operate at a profit? 122.Under GASB Statement 34, enterprise funds must be used under which circumstances? 123.Describe the differences in...

121.Why might it be desirable for an enterprise fund to operate at a profit?

122.Under GASB Statement 34, enterprise funds must be used under which circumstances?

123.Describe the differences in cash flow statements required by GASB standards when compared with cash flow statements required by FASB standards.