Question
Inwhatfundtypeshouldtheproceedsfromspecialassessmentbondsissuedtofinancecon- struction of sidewalks in a new subdivision be reported? a. Agencyfund b. Special revenue fund c. Enterprisefund d. Capital projects fund When establishing an
Inwhatfundtypeshouldtheproceedsfromspecialassessmentbondsissuedtofinancecon- struction of sidewalks in a new subdivision be reported? a. Agencyfund b. Special revenue fund c. Enterprisefund d. Capital projects fund
When establishing an investment pool, Eureka City will account for all of the pooled investments in a. aninvestmenttrustfundatfairvalueatthedatethepooliscreated. b. an agency fund at fair value as of the last balance sheet date. c. thegeneralfundatfairvalueasofthelastbalancesheetdate. d. the general fund at fair value at the date the pool is created
A debtservicefundshouldbeusedtoaccountforthepaymentofinterestandprincipalon a. debtrecordedinthegenerallong-termdebtaccountgrouporsimilarlist. b. debt secured by the revenues of an enterprise fund. c. debtrecordedasaliabilityinthegeneralfund. d. all of the above.
Taxes collected and held by Dunne County for a school district would be accounted for in which of the following funds? a. Trust b. Agency c. Specialrevenue d. Internal service
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