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Taxation typically is the predominant ongoing source of financial resources for a government's: A. business-type activities. B. governmental activities, C. fiduciary activities D. Investment-type activities

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Taxation typically is the predominant ongoing source of financial resources for a government's: A. business-type activities. B. governmental activities, C. fiduciary activities D. Investment-type activities Sui Ann Sale of a general government capital asset at the end of its useful life (with no constraints on the use of the sale proceeds) affects which of the following accounting entities? A. Capital projects fund B. Fiduciary (trust) fund C. General fund D. Special revenue fund Submit Answer In which of the following state and local government accounting entities might long-term debt be reported? A. Capital projects funds B. Debt service funds C. Enterprise funds D. General fund Sun

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