In which fund type would a government's capital projects fund be found?
A) Governmental fund type.
B) Proprietary fund type.
C) Fiduciary fund type.
D) Governmental activities.

Question

Quizplus · Accepted Answer

Governmental fund types are used for the accounting of most governmental functions, including capital projects funds, which are used to account for financial resources to be used for the acquisition or construction of major capital facilities.

In Which Fund Type Would a Government's Capital Projects Fund