A Redemption of the Final Serial of General Obligation Bonds

question 3

Multiple Choice

A redemption of the final serial of general obligation bonds, including a deficiency covered by the general fund, would affect which funds and/or account groups?

• A)​General, Debt Service, General Long-Term Debt Account Group
• B)​Debt Service, General Long-Term Debt Account Group, Agency Fund
• C)​General, Debt Service
• D)​General, Debt Service, General Long-Term Debt Account Group, Capital Projects

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Definitions:

Mass

A measure of the amount of matter in an object, typically in units of kilograms or grams.

True Value

The actual or accurate value which scientific measurements aim to approximate.

Accurate

The accuracy of a measurement, calculation, or specification in relation to the true value or an agreed-upon standard.

Mass

A measure of the amount of matter in an object, usually measured in grams or kilograms.