The Costs of a Building Being Constructed by a Capital

question 4

Multiple Choice

The costs of a building being constructed by a capital projects fund should be debited,or charged,to which of the following accounts in the capital projects fund?

• A)Expenditures.
• B)Building.
• C)Construction in Progress.
• D)Other Financing Uses.

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Definitions:

Gear Teeth

The individual protrusions on the circumference of a gear that engage with those on another gear to transmit torque and motion.

Runout

A defect that causes side-to-side or lateral movement in a spinning object. In wheels it is commonly caused by imperfections in the wheel’s shape; in disc brakes it can be caused by a distorted rotor, hub flange distortion, or worn wheel bearings.

Electrons

Subatomic particles whose activity creates electric currents.

Current Flow

The movement of electric charge through a conductor, creating an electric circuit.