Select the best answer. Which of the following general government transactions affect both a governmental fund and one or more account groups? A. Issuance of a 9-month note 0 B. Levy of property taxes for the fiscal year C. Purchase of services from outside vendors D. Sale of a capital asset Submit Answers Select the best answer. Which of the following transactions or events will be reported in a proprietary fund's operating statement, assuming that all relate to a business-type activity? A. Incurrence of construction costs on a construction project 0 B. Incurrence of salary costs 0 C. Issuance of bonds payable due in 10 years O D. Repayment of long-term debt Submit Answers Select the best answer. A government may account for capital assets in: A. governmental funds but not fiduciary funds. B. governmental funds but not proprietary funds. C. governmental funds only. D. proprietary funds. Submit Answirts If an enterprise fund issued long-term bonds payable, its assets would increase and its: A. contributed capital would increase. 0 B. liabilities would increase. C. net position would increase. D. other financing sources would increase. Submit Answers