PLEASE ANSWER BOTH PARTS FOR UPVOTE

QUESTION 14

1. Which of the following is one of the two types of bond refunding arrangements?

   	a.	BAN refunding
   	b.	Advance refunding
   	c.	Permanent refunding
   	d.	Temporary refunding

QUESTION 15

1. A $35 million bond is issued at a 1% premium by an SLG, which also incurs $25,000 in bond issue costs. The bond proceeds are designated to be used to pay for a general government capital project. The issuance of the bond requires accounting recognition in which of the following accounting entities?

   	a.	The GCA and a Debt Service Fund
   	b.	The GLTL and a Debt Service Fund
   	c.	Only the GLTL
   	d.	The GLTL and a Capital Projects Fund