Which of the Following Statements Is False

question 19

Multiple Choice

Which of the following statements is false?

• A) Capital leases are not commonly reported in a Capital Projects Fund.
• B) A governmental entity may report a Capital Project Fund in one year but not the next.
• C) Budgetary entries are commonly made in a Capital Projects Fund.
• D) Debt service payments on capital-related debt are paid from a Capital Projects Fund.

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Definitions:

Leadership Trait

A characteristic that is inherent in leaders, contributing to their ability to lead effectively.

Diplomatic

Relating to or characterized by the art of managing international relations, typically involving negotiation, tact, and strategy.

Leadership Traits

Inherent attributes and characteristics that are believed to make an individual predisposed to be an effective leader.

Self-Confidence

The belief in one's abilities, qualities, and judgment.