(Multiple choice)

1. Which of the following types of funds use the modified accrual basis of accounting?

a. Capital Projects Funds

b. Debt Service Funds

c. General Fund

d. Special Revenue Funds

e. All of the above 2. Which of the following funds can be used to account for the spendable income from a Private Purpose Trust Fund?

a. Agency Fund

b. General Fund

c. Capital Projects Fund

d. Pension Trust Fund

e. None of the above 3. Which of the following funds does not follow the current resources measurement focus?

a. Private Purpose Trust Funds

b. General Fund

c. Special Revenue Funds

d. Capital Projects Funds

e. All of the above 4. To what provisions must the use of assets accumulated in a trust fund conform?

a. State and local laws

b. The trust agreement

c. Both

(a) and (b)

d. The modified accrual basis of accounting

e. None of the above 5. A citizen donated $\$ 1$ million to a city upon her death. Her will provided that these resources be maintained in a trust and spent to provide free tickets to local baseball games for schoolchildren. In which fund is accounting for these activities done?

a. General Fund

b. Special Revenue Fund

c. Investment Trust Fund

d. Private Purpose Trust Fund

e. Both

(c) and (d)