use the 2016 CAFR from the City of Pittsburg found at www.pittsburghpa.gov

here is the PDF >>> http://apps.pittsburghpa.gov/co/DOCcafr2016.PDF

" please be sure from your answers" because many times you answered wrong.

a- The city's Debt Service Funds have which of these fund balance classifications (mark all that apply):

		Unassigned fund balance
		Committed fund balace
		Assigned fund balance
		Restricted fund balance
		Nonspendable fund balance

b- The notes to the financial statements indicates the city has exposure to which of the following types of risk associated with its debt service and other governmental fund investments? (Check all that apply)

		Credit risk
		Concentration risk
		Custodial credit risk
		Interest rate risk

c- Using the schedule showing changes in debt, which statement best describes the amount of Council and Public Election General Obligation Debt sold and retired during the year.

The city issued general obligation bonds but did not retire any.

The city issued more general obligation bonds than it retired.

The city retired general obligation bonds but did not issue any.

The city retired more general obligation bonds than it issued.

d- What amount of long-term debt is classified as current in the governmental activities?

		$155,471,592
		$67,061,666
		$66,173,375
		There are no long-term liabilities classified as current in the governmental activities.

e- The largest source of financing for the Debt Service Funds comes from:

		Refunding (issuance of new bonds)
		Transfers from other funds.
		Taxes
		Intergovernmental revenues
		Interest and Dividends
		Principal retirement of bonds

f- Which of the following resource inflows would properly be classified as revenue of a debt service fund? (check all that apply)

		Taxes collected by the General Fund and transferred to the Debt service fund.
		Receipt of the premium on a new bond issue.
		Special assessment taxes (government is liable for the obligation).
		Accrual of interest earned, but not yet received on investments of the debt service fund.