Author Question: An example of a state's ability to impose its will on the operations of a legally separate toll road ... (Read 59 times)

DyllonKazuo · **on:** Jul 5, 2018

An example of a state's ability to impose its will on the operations of a legally separate toll road is its ability to approve the road's proposed increases in toll rates.

Indicate whether the statement is true or false

Question 2

(Use of funds)

Andy Kelly Hospital uses the following types of funds for internal purposes: General Fund; Specific Purpose Funds; Plant Replacement and Expansion Fund; and Endowment Fund.

State which fund (or funds) would be used to account for each of these transactions or events.
a. Ms. Shaw makes a gift of 50,000 to be used exclusively for arthritis research.
b. Hospital trustees designate 25,000 of the General Fund balance to be used for a special training program for the hospital's nurses.
c. Nurses salaries for the week, amounting to 100,000, are paid.
d. Mr. Beynon makes a gift to the hospital of 1 million, to be used exclusively for adding new wing housing the brain injury unit.
e. The hospital uses 100,000 from accumulated operating resources to acquire equipment.
f. The entire amount of Mr. Beynon's 1 million gift is used to construct a new wing to the hospital for the brain injury unit.

softEldritch · **Reply #1 on:** Jul 5, 2018

Answer to Question 1

True

Answer to Question 2

a. Specific Purpose Funds
b. General Fund
c. General Fund
d. Plant Replacement and Expansion Fund
e. General Fund
f. Plant Replacement and Expansion Fund, General Fund