Effective Capital Budgeting for General Capital Assets of a Government

Multiple Choice

Effective capital budgeting for general capital assets of a government requires:

A) Intermediate and long-range capital improvement plans for general capital assets.
B) Nonfinancial information on physical measures and service condition of capital assets of component units.
C) Consideration of how proprietary fund capital projects will be financed.
D) Information about the capital asset needs of a motor pool accounted for as an internal service fund.