A Capital Projects Fund Classified Under Governmental Funds…

A capital projects fund classified under governmental funds…

A) Accounts for resources that are legally restricted so only earnings, not principal, may be expended, and for purposes to benefit the government and its citizenry.
B) Accounts for most of the basic services provided by the governmental unit.
C) Accounts for and reports financial resources that are restricted, committed, or assigned to expenditure for capital projects
D) Accounts for services provided by one department of a government to another