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The General Fund Is Partially Funding the Construction of a New

Question 17

Multiple Choice

The General Fund is partially funding the construction of a new police station. 80% of the project is being financed; the General Funds' share of the project is $1,000,000. The Capital Project Fund would report the General funds' share as a


A) $1,000,000 other financing source.
B) $1,000,000 revenue.
C) $1,000,000 nonoperating revenue.
D) $1,000,000 other financing use.

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