What is one of the operating revenues listed for Business-type activities?

Business-type activities in governmental accounting refer to operations that are financed and operated similarly to private businesses, where the intention is to generate revenue through the sale of goods or services. Operating revenues for these activities primarily come from charges made for these services.

The correct choice highlights "Charges for Sales and Services" as a primary source of operating revenues. This includes fees collected from users for services provided, such as water and sewer charges, parking fees, or admissions to government-run facilities. These revenues are essential for covering operational costs and sustaining the activities of business-type functions within governmental entities.

In contrast, other options do not fit the definition of operating revenues. "Cost of Sales and Services" pertains to expenses associated with providing those services rather than revenue generated. "Personal Services" refers to expenditures related to employee compensation, which again is not a source of revenue. "Capital Financing Activities" typically involve transactions related to acquiring or managing long-term assets and are not classified as operating revenues. Thus, the emphasis on charges for sales and services accurately reflects the primary way business-type activities generate income.