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Author Question: A city levies a special property tax that is legally restricted to pay off the principal and ... (Read 92 times)

xroflmao

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on: Jul 5, 2018
A city levies a special property tax that is legally restricted to pay off the principal and interest on bonds issued to build the city's new police headquarters. Which fund should be used to account for the proceeds from the tax levy?
 
  A. Debt Service Fund.
  B. General Fund.
  C. Capital Projects Fund.
  D. General Long-Term Liabilities Fund.

Question 2

If information arrives too late to impact a decision then there is a problem with
 a. timeliness
  b. relevance
  c. completeness
  d. neutrality


briseldagonzales

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Reply #1 on: Jul 5, 2018
Answer to Question 1

A

Answer to Question 2

A


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xroflmao

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Reply #2 on: Jul 5, 2018
Thank you :)


briseldagonzales

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Reply #3 on: Jul 5, 2018
Happy to help you


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