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E2-32.Stat eBook B Print Question 1 Not complete Marked out of 15.00 P Flag question Identify specific funds and their measurement focus and basis of
E2-32.Stat eBook B Print Question 1 Not complete Marked out of 15.00 P Flag question Identify specific funds and their measurement focus and basis of accounting For each scenario shown below, state which specific fund is used to account for the activity and which measurement focus and basis of accounting is used within the fund. 1. To construct a new office building for use by various departments 2. To pay salaries of personnel who maintain state parks 3. To accumulate resources in a trust fund to pay pension benefits for its employees 4. To collect sales taxes for local governments who "piggy-back" their sales taxes on top of the state sales tax 5. To operate a central printing department that prints forms and reports for all state departments Scenario Fund Measurement focus Basis of accounting 1 Capital projects fund Accrual 2 3 4 5 Current financial resources Check Save Answers Next 0 Next
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