Which of the Following Is an Expenditure in the Debt

question 17

Multiple Choice

Which of the following is an expenditure in the Debt Service Fund?

• A) The payment of principal of a matured bond accounted for in the General Long-Term Debt Account Group
• B) Payment of principal or interest on special assessment debt for which the government is obligated in some manner
• C) Transfers to fiscal agents for payment of bond interest
• D) All of these are expenditures in the Debt Service Fund.

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