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  3. Study Set
    Essentials of Accounting Study Set 3
  4. Exam
    Exam 5: Accounting for Other Governmental Fund Types: Capital Projects, Debt Service, and Permanent
  5. Question
    Grants, Entitlements, or Shared Revenues Received by a Capital Projects
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Grants, Entitlements, or Shared Revenues Received by a Capital Projects

Question 42

Question 42

True/False

Grants, entitlements, or shared revenues received by a capital projects fund from another governmental unit are considered revenues of the capital projects fund, as is interest earned on temporary investments of the capital projects fund.

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