Resources from federal grants required to be spent on specific activities are reported in which fund balance category of a county's general fund balance sheet?

Question

Quizplus · Accepted Answer

Resources from federal grants that are required to be spent on specific activities are reported as "Restricted" in a county's general fund balance sheet. This is because the constraints placed on the use of these funds are externally imposed by creditors, grantors, contributors, or laws and regulations of other governments.

Resources from Federal Grants Required to Be Spent on Specific