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What Is a Special Revenue Fund

Question 45

Multiple Choice

What is a Special Revenue Fund?


A) Fund created to account for all resources and revenues to be used for the construction or acquisition of capital assets.
B) Fund used to account for all revenue transactions of a governmental unit that are not accounted for in another fund.
C) Fund used to account for revenues from general taxes or other revenue sources that finance general activities of the government.
D) Fund used to account for revenues from specific taxes or other revenue sources that are restricted or committed to particular activities of the government other than capital projects.

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