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In what circumstance is a Capital Projects Fund required to be used in governmental accounting? Select one: a . To record the acquisition or construction
In what circumstance is a Capital Projects Fund required to be used in governmental accounting? Select one: a To record the acquisition or construction of all major capital assets, except infrastructure assets b When capital projects are at least partially financed by general obligation bond proceeds c To record the acquisition or construction of all capital assets d To record the acquisition or construction of any capital asset that is not recorded in an Enterprise Fund
In what circumstance is a Capital Projects Fund required to be used in governmental accounting?
Select one:
a
To record the acquisition or construction of all major capital assets, except infrastructure assets
b
When capital projects are at least partially financed by general obligation bond proceeds
c
To record the acquisition or construction of all capital assets
d
To record the acquisition or construction of any capital asset that is not recorded in an Enterprise Fund
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