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

question 72

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.

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Definitions:

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The basic structural, functional, and biological units of all living organisms; the building blocks of the human body.