Which of the Following Activities of a Governmental Entity Should

question 48

Multiple Choice

Which of the following activities of a governmental entity should be accounted for in a fiduciary fund?

• A)Funds received from the federal government to support public transportation activities.
• B)Funds received from an individual who specified that the principal must be kept intact but the income can be used to support families of police officers killed in the line of duty.
• C)Funds received from the state government that must be used to purchase capital assets.
• D)Funds received from a contractor to assist with the development of utility infrastructure.

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Definitions:

Prefrontal Lobes

The anterior part of the frontal lobes of the brain, implicated in a variety of complex behaviors including planning, decision making, and moderating social behavior.

Elaboration

The addition of more detail, explanation, or information to a concept, idea, or proposal.

Automaticity

The ability to perform tasks without occupying the mind with the low-level details, achieved through repetition and practice.

Elaboration

The process of adding more information or detail to a concept, idea, or argument in order to enhance understanding or clarity.