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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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9 years ago
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.
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Diesel
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Answer accepted by topic starter
f_zah1f_zah1
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#1
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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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