When would a special revenue fund be deemed to have satisfied the eligibility requirement of a reimbursement-type federal grant,under GASB Statement 33?

Question

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According to GASB Statement 33, a special revenue fund can be deemed to have satisfied the eligibility requirement of a reimbursement-type federal grant only as qualified expenditures are incurred. This means that the special revenue fund can claim reimbursement from the granting agency as it incurs eligible expenses. The other options listed are not accurate as completing the project, developing and approving a plan, or receiving initial approval from the granting agency do not necessarily satisfy the eligibility requirement for reimbursement.

When Would a Special Revenue Fund Be Deemed to Have