1.

For governmental accounting puprposes, the Regional Income Tax Agency is considered to be a special purpose government. True or False?

2.

The City of Cleveland, Ohio maintains at least three General Funds each year in compliance with GASB governmental accounting requirements. True or False?

3.

At the inception of a capital lease by a department accounted for in a county's general fund, the county will record the total capitalizable cost of the lease in the GCA and in the total capitalizable cost of the lease less any down payment in the GLTL. True or False?

4.

A city receives a state grant of $1 million on January 1, 2020. The city is required under the terms of the grant to use the $1 million grant proceeds to pay for a community development program that will assist property owners in a specific neighborhood. The $1 million grant proceeds should be accounted for in which fund group and in which type of fund within that fund group?

	a.	Government Fund Group, Capital Projects Fund
	b.	Proprietary Fund Group, Enterprise Fund
	c.	Government Fund Group, Special Revenue Fund
	d.	Fiduciary Fund Group, Agency Fund