A Capital Project Fund received a 300,000 transfer from the ...

[SO00]

A Capital Project Fund received a 300,000 transfer from the General Fund and a 500,000 federal grant for a highway project.
 
  The grant is being paid in two phases200,000 for Year 1 expenditures and 300,000 when the project is completed (which is anticipated to be at the end of Year 2). Capital Project Fund revenues reported at the end of Year 1 should be
  A. 0.
  B. 200,000.
  C. 300,000.
  D. 800,000.

Question 2

The ___________________ ___________ is a man-made system consisting of the people, equipment, organization, policies, and procedures whose objective is to accomplish the work of the organization.
 Fill in the blank(s) with correct word

[JaynaD87]

Answer to Question 1

B

Answer to Question 2

operations process

[SO00]

Gracias!

[bdobbins]

TYSM