Which of the Following Is an Appropriate Use of a Fund

question 42

Multiple Choice

Which of the following is an appropriate use of a fund balance restriction?

• A) To report the amount of capital assets acquired during the year.
• B) To indicate that the finance director is setting aside a substantial amount of resources for a special project.
• C) To report the amount of long-term debt that will mature in the next 12 months.
• D) To report amounts that can only be used for specific purposes due to debt covenant constraints.

---

Definitions:

Environmental Psychologist

A professional who studies the interplay between individuals and their surroundings, focusing on how the environment influences human behavior and well-being.

Human Interactions

Human interactions involve the communications, relationships, and exchanges between individuals, playing a crucial role in social development and the formation of societal structures.

Human Factors Psychologists

Professionals who study how people interact with machines and environments to improve safety, efficiency, and product design.

Self-Driving Vehicles

Automated cars equipped with sensors and software to navigate and drive without human intervention.