Solved

If Special Assessment Receivables Are Recorded in the Accounts of a Custodial

Question 43

Multiple Choice

If special assessment receivables are recorded in the accounts of a custodial fund, the appropriate account(s) to credit upon receipt of assessments from property owners will include:


A) Contributions to Net Position.
B) Revenues and Deferred Revenues.
C) Due to Special Assessment Bondholders-Principal.
D) Interfund Transfers In.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions