Which of the Following Would Not Result in a Portion

question 25

Multiple Choice

Which of the following would not result in a portion of fund balance being classified as nonspendable?

• A) Advances to other funds.
• B) Inventory.
• C) A city council passing enabling legislation that requires proceeds from a newly authorized sales tax be spent on a downtown revitalization project.
• D) Prepaid insurance.

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Definitions:

Alcohol Problems

The challenges and negative consequences associated with excessive or inappropriate consumption of alcohol, including addiction, health issues, and social problems.

Acute Stress Disorder

A mental health condition characterized by the development of severe anxiety, dissociation, and other symptoms that occur within one month after exposure to a traumatic event.

External Locus

A belief system where individuals perceive outcomes in their lives as being outside of their control, influenced by external factors or forces.

Catastrophic Stress

A type of severe stress resulting from an event that is perceived as a disaster, leading to significant emotional, psychological, or physical distress.