Question
Which of the following grants received by a city would most appropriately be recorded in a pass-through agency fund? A federal grant for various purposes,
Which of the following grants received by a city would most appropriately be recorded in a "pass-through" agency fund?
A federal grant for various purposes, for which the ultimate allocation of funds will be decided by a state agency
A state grant for summer employment of juveniles
A federal grant for repairing and overhauling bridges
A federal grant for upgrading low-rent housing
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Financial Accounting
Authors: Robert F. Meigs, Jan R. Williams, Susan F Haka, Mark S. Bettner
10th Edition
0072316373, 978-0072316377
