Grant proceeds that are restricted for spending on salaries of public health workers who educate citizens about the dangers of diabetes would most likely be accounted for in a:

Question

Quizplus · Accepted Answer

Special Revenue Funds are used to account for specific revenue sources that are restricted or committed to spending for specified purposes other than debt service or capital projects. Only grant proceeds restricted to capital projects would be reported in a Capital Projects Fund. Therefore, a Capital Projects Fund would not be used. The grant proceeds are restricted for the operations of a particular government program. The restriction of the resources means that the grant proceeds would not be accounted for in a General Fund.

Grant Proceeds That Are Restricted for Spending on Salaries of Public