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Which of the following is one of the two types of bond refunding arrangements? a. BAN refunding b. Permanent refunding c. Advance refunding d. Temporary

  1. Which of the following is one of the two types of bond refunding arrangements?

    a.

    BAN refunding

    b.

    Permanent refunding

    c.

    Advance refunding

    d.

    Temporary refunding

Permanent Funds

a.

Have the following accounting equation: CA + NCA - CL + LTL = NP

b.

Are classified by GASB as Fiduciary Funds

c.

Account for net assets that benefit the SLG as a whole or its citizenry

d.

Are used to account for the business type activities of an SLG

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