A City Was Awarded a $600,000 Federal Grant to Help

question 10

Multiple Choice

A city was awarded a $600,000 federal grant to help finance a bridge construction project that is expected to take two years to complete. The grant will be paid in two installments: (1) 60% at the beginning of the project in Year 1, and (2) 40% when the project is completed. Capital Projects Fund revenue should be recognized in Year 1 in the amount of

• A) $600,000.
• B) $360,000.
• C) $240,000.
• D) $0.

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Definitions:

Filium Terminale

The filium terminale is a slender filament of connective tissue that extends from the conus medullaris at the lower end of the spinal cord to the coccyx, anchoring the spinal cord in place.

Conus Medullaris

The tapered, lower end of the spinal cord, typically ending around the first lumbar vertebra.

Cervical Enlargement

A widened area of the spinal cord that supplies nerves to the shoulders, arms, and hands.

Dorsal Root Ganglion

A cluster of nerve cell bodies (neurons) in a dorsal root of a spinal nerve, which carries sensory information to the central nervous system.