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    Governmental and Nonprofit Accounting
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    Exam 2: State and Local Government Accounting and Financial Reporting Modelthe Foundation
  5. Question
    The Fund Used to Account for the Acquisition or Construction
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The Fund Used to Account for the Acquisition or Construction

Question 58

Question 58

Multiple Choice

The fund used to account for the acquisition or construction of major capital facilities and other capital assets is the


A) General Fund.
B) Special Revenue Fund.
C) Capital Projects Fund.
D) General Capital Assets accounts.

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