Successful attainment by an SLG of in-substance defeasance of long-term general government debt in an advance refunding transaction

	a.	Results in the principal of the new debt being recorded as a long-term liability in a Debt Service Fund
	b.	Results in the principle of both old debt and the new debt being recorded in the GLTL
	c.	Means that the SLG was unable to meet the bond covenent's legal defeasance provisions
	d.	Results in the principal of the old debt being removed from the GLTL

1. Which of the following categories of general government capital assets may be subject to the modified approach in relation to depreciation?

   	a.	Works of art and historical treasures
   	b.	Infrastructure
   	c.	Construction in progress
   	d.	Present value of capitalized lease acquisitions