A Government Was Billed $3,000,000 During the Year on Its

question 29

Multiple Choice

A government was billed $3,000,000 during the year on its capital project, of which $2,700,000 was paid. The total contracted cost is $5,200,000. The government does not plan to pay the $300,000 balance currently owed to the contractor until the project has been completed and approved. The government should report Capital Projects Fund expenditures for the current year equal to

• A) $2,700,000.
• B) $3,000,000.
• C) $4,900,000.
• D) $5,200,000.

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Definitions:

New Adaptation

A process by which individuals or species undergo changes or develop new traits over time to better interact with their environment.

Sensorimotor Behavior

pertains to activities involving both sensory perception and muscular movement, fundamental in early stages of human development.

Thumb Sucking

A common behavior in infants and young children where they place their thumb into their mouth for comfort or self-soothing.

Teddy Bear

A soft plush toy bear, traditionally associated with comfort and affection, often given as a gift to children.