Author Question: Data redundancy allows non-technical users to bypass the programmer and to access the database ... (Read 187 times)

CharlieWard · **on:** Jul 5, 2018

Data redundancy allows non-technical users to bypass the programmer and to access the database directly.
Indicate whether the statement is true or false

Question 2

A city acquired two vehicles in a particular year: (1) a sedan for 20,000 that was paid for through the General Fund and (2) a sanitation truck for 125,000 that was paid for through the Capital Projects Fund.

How should the assets be reported in the city's fund-level financial statements?
a. 145,000 should be reported as assets in the general fund
b. 20,000 should be reported as assets in the general fund and 125,000 should be reported as assets in the capital projects fund
c. 145,000 should be reported as assets in the capital projects fund
d. neither acquisition should be reported as assets in the fund-level financial statements