Which of the Following Liabilities Would NOT Be Found in the Fund

question 27

Multiple Choice

Which of the following liabilities would NOT be found in the fund balance sheet of the General Fund of the City of Marmaduke?

• A)Accounts payable.
• B)Payable to the special revenue fund.
• C)Deferred revenue.
• D)Bonds payable, due in 5 years.

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Definitions:

Higher Order

Cognitive processes that involve complex thinking skills such as reasoning, decision-making, and problem-solving beyond basic perceptual and motor skills.

Operant Conditioning

A technique of teaching that involves the use of positive reinforcement and disciplinary actions for conduct.

Response Generalization

The process whereby a behavior, once learned in response to a specific stimulus, is performed in the presence of other, similar stimuli.

Primary Reinforcer

A stimulus that satisfies a basic biological need, such as food, water, or sleep, and is innately rewarding.