Solved

A Special Revenue Fund Should Be Used in Which of the Following

Question 18

Multiple Choice

A special revenue fund should be used in which of the following situations for a state government?


A) For sales taxes which are to be distributed to towns, cities, villages, etc. of the state.
B) For the proceeds of general obligation bonds which are to be used to construct major long-lived fixed assets.
C) For gasoline taxes which are to be used exclusively to repair state roads and bridges.
D) For investments donated by a prominent citizen which are to be invested permanently, with income being used to support homeless people.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents