Which of the following projects would nomally be accounted for in a capital projects fund? A) The construction of a parking garage operated as an enterprise fund. B) Payment of interest on bonds issued to finance the construction of a new city hall. OC) The construction of a police station addition. O D) Payment of principal on revenue bonds. Question 2 Siler City receives a trust donation for the purpose of maintaining flower beds in city parks, but the dom not specify that the principal must be maintained. This type of trust would be most appropriately accoun in a O A) Permanent Fund B) Special Revenue Fund C) Private Purpose Trust Fund OD) General Fund.

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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Which of the following projects would normally be accounted for in a capital projects fund?
O A) The construction of a parking garage operated as an enterprise fund.
OB) Payment of interest on bonds issued to finance the construction of a new city hall,
OC) The construction of a police station addition.
O D) Payment of principal on revenue bonds.
Question 2 (
Siler City receives a trust donation for the purpose of maintaining flower beds in city parks, but the donor does
not specify that the principal must be maintained. This type of trust would be most appropriately accounted for
in a
O A) Permanent Fund
B) Special Revenue Fund
OC) Private Purpose Trust Fund
OD) General Fund.
Transcribed Image Text:Which of the following projects would normally be accounted for in a capital projects fund? O A) The construction of a parking garage operated as an enterprise fund. OB) Payment of interest on bonds issued to finance the construction of a new city hall, OC) The construction of a police station addition. O D) Payment of principal on revenue bonds. Question 2 ( Siler City receives a trust donation for the purpose of maintaining flower beds in city parks, but the donor does not specify that the principal must be maintained. This type of trust would be most appropriately accounted for in a O A) Permanent Fund B) Special Revenue Fund OC) Private Purpose Trust Fund OD) General Fund.
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