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Other Fields Homework Help Accounting Topic started by: goji.go on Oct 20, 2014



Title: Which of the following statements about capital projects funds is true?
Post by: goji.go on Oct 20, 2014
Which of the following statements about capital projects funds is true?
      a.   The assets of a capital projects fund include both financial and capital assets
      b.   All fixed assets acquired by a government are paid for from a capital projects fund
      c.   A capital projects fund accounts for resources that are restricted or otherwise limited to spending for capital outlays
      d.   When capital assets are financed through the issuance of long-term debt, that long-term debt is accounted for in a capital projects fund.


Title: Re: Which of the following statements about capital projects funds is true?
Post by: f_zah1 on Oct 23, 2014
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Title: Re: Which of the following statements about capital projects funds is true?
Post by: goji.go on Oct 23, 2014
Thanks so much f_zah1.

You were correct :D


Title: Re: Which of the following statements about capital projects funds is true?
Post by: f_zah1 on Oct 23, 2014
You're very welcome!