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 77 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
Excellent


rachel

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

 

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

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

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

For a complete list of videos, visit our video library