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  3. Study Set
    Governmental and Nonprofit Accounting Study Set 1
  4. Exam
    Exam 8: Debt Service Funds
  5. Question
    Which of the Following Would Not Be a Likely Financial
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Which of the Following Would Not Be a Likely Financial

Question 37

Question 37

Multiple Choice

Which of the following would not be a likely financial resource for a Debt Service Fund?


A) Property taxes.
B) Sales tax.
C) Transfers from the General Fund.
D) Proceeds from the sale of capital assets.

Correct Answer:

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