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A. govenment opt to set aside $10million of general fund resources to finance a new city hall.Construction is expected to begin in several years,when the
A. govenment opt to set aside $10million of general fund resources to finance a new city hall.Construction is expected to begin in several years,when the city has been able to accumulate additional resourcesa)the government must account for thr $10million in a capital project fund and in its government wide statement it must report the $10million as restricted b) the government may account for thr $10million in a capital project fund and in its government wide statement it may report the $10million as restricted c) the government may not account for thr $10million in a capital project fund and in its government wide statement it may not report the $10million as unrestricted d) the government may account for thr $10million in a capital project fund but in its government wide statement it may not report the $10million as restricted
a)the government must account for thr $10million in a capital project fund and in its government wide statement it must report the $10million as restricted
b) the government may account for thr $10million in a capital project fund and in its government wide statement it may report the $10million as restricted
c) the government may not account for thr $10million in a capital project fund and in its government wide statement it may not report the $10million as unrestricted
d) the government may account for thr $10million in a capital project fund but in its government wide statement it may not report the $10million as restricted
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Essentials Of Auditing And Assurance Services An Integrated Approach
Authors: Alvin A. Arens, Randal J. Elder, Mark S. Beasley, Al Arens
1st Edition
0130463035, 9780130463036
