In which one of the following funds the depreciation is accounted for capital assets?

a-Internal service fund

b-General fund

c-Capital project fund

d-Special revenue fund

2-

A regional municipality is acting as an agent of the ministry in the collection of commercial property tax. After due collection, the municipality shall transfer all the collected amount to the ministry. The most appropriate measurement focus for this type of transaction for the regional municipality shall be:

a-Flow of economic resources

b-Accrual basis

c-Flow of current financial resources

d-No measurement focus is applicable in this case