Author Question: If a government forecloses on property because of unpaid taxes in the General Fund, which of the ... (Read 38 times)

fagboi

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If a government forecloses on property because of unpaid taxes in the General Fund, which of the following funds and/or accounts would most likely be affected by the transaction?
 
  A. General Fund only.
  B. General Capital Assets accounts only.
  C. General Fund and General Capital Assets accounts.
  D. General Capital Assets and General Long-Term Liabilities accounts.

Question 2

The three steps in decision making take place in the sequence of (1) intelligence (2) design (3) choice.
  Indicate whether the statement is true or false



paavo

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Answer to Question 1

C

Answer to Question 2

T



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