A Capital Projects Fund would not report Construction in Progress in its balance sheet.
Correct Answer:
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Q49: Capital Projects Funds can have both interfund
Q50: Capital Projects Funds do not have a
Q51: Capital Projects Funds are perpetual funds.
Q52: Cash remaining in a Capital Projects Fund
Q53: Cash remaining in a Capital Projects Fund
Q55: General Capital Assets are accounted for in
Q56: The GCA-GLTL g/l reports construction in progress.
Q57: The GCA-GLTL g/l reports accumulated depreciation.
Q58: Because the GCA-GLTL g/l reflects accumulated depreciation,
Q59: Because the GCA-GLTL g/l reflects accumulated depreciation,
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