This topic contains a solution. Click here to go to the answer

Author Question: The Board of Commissioners took formal action to dedicate resources for a particular project in the ... (Read 93 times)

Yi-Chen

  • Hero Member
  • *****
  • Posts: 550
The Board of Commissioners took formal action to dedicate resources for a particular project in the Capital Projects Fund. Those resources cannot be redirected for another use unless an equivalent formal action is taken.
 
  As of the end of the fiscal year, a portion of these resources remain in fund balance. The proper fund balance classification for these resources would be
  A. Nonspendable.
  B. Restricted.
  C. Committed.
  D. Assigned.

Question 2

An other postemployment benefit plan where assets have been placed in trust would be reported as
 
  A. A Permanent Fund.
  B. An Agency Fund.
  C. Part of the General Fund.
  D. As a Pension and Other Employee Benefit Trust Fund.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ndhahbi

  • Sr. Member
  • ****
  • Posts: 390
Answer to Question 1

C

Answer to Question 2

D




Yi-Chen

  • Member
  • Posts: 550
Reply 2 on: Jul 5, 2018
Great answer, keep it coming :)


bblaney

  • Member
  • Posts: 323
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

For a complete list of videos, visit our video library