Which of the Following Is True

Multiple Choice

Which of the following is true?

A) A government is required to record each major general government capital project in a separate Capital Projects Fund.
B) Acquisition or construction of general government capital assets must always be accounted for through a Capital Projects Fund.
C) A Capital Projects Fund is not required unless a project is financed by issuing bonds.
D) A Capital Projects Fund may be used to acquire vehicles and equipment.