Multiple Choice
Grant proceeds received from the state for a capital project would be recorded in a capital projects fund of a city government as a an:
A) Revenue.
B) Other Financing Source.
C) Direct addition to Fund Balance.
D) Other Financing Use.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q11: In a Statement of Revenues, Expenditures, and
Q12: Capital project funds<br>A) Receive all of their
Q13: Because capital project, debt service and permanent
Q14: Which of the following is true regarding
Q15: During the fiscal year ended December 31,
Q17: What is the difference between Permanent Funds
Q18: Siler City receives a trust donation for
Q19: Which of the following is a common
Q20: Permanent funds reflect resources that are restricted
Q21: If taxes are levied specifically for payment