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Home Q & A Board Other Fields Homework Help Business Accounting
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goji.go goji.go
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Posts: 5977
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9 years ago
A capital project is completed, but $500,000 remains in a capital projects fund. How should the government use the $500,000 remaining in the capital projects fund?
      a.   the government should retain the remaining funds in the capital projects fund for a potential future capital project
      b.   the government should consult provisions of relevant grant and bond issues, which may provide guidance regarding its use
      c.   the first-in, first out basis
      d.   residual amounts in a capital projects fund after completion of a project must be transferred to a debt service fund
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Diesel
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Answer accepted by topic starter
f_zah1f_zah1
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9 years ago
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goji.go Author
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#2
9 years ago
Thanks so much f_zah1.

You were correct Smiling Face with Open Mouth
Diesel
wrote...
#3
9 years ago
You're very welcome!
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