Which of the following is a distinguishing feature of a budget for a Capital Projects Fund?
A) The budget is usually for a single year.
B) A budget is not used for projects for which contracts will be issued.
C) The budget is usually for the term (life) of the project.
D) Since a Capital Projects Fund usually just spends money, there is no reason for revenue or other financing sources to be part of the budget.
Correct Answer:
Verified
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