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Transfers from the General Fund to the Capital Projects Fund

Question 44

Multiple Choice
Transfers from the General Fund to the capital projects fund to provide partial financing of a capital project would be reported by the capital projects fund as a(an):

Transfers from the General Fund to the capital projects fund to provide partial financing of a capital project would be reported by the capital projects fund as a(an) :


A) Fund balance addition.
B) Revenue.
C) Other financing source.
D) Current liability.

Correct Answer:

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