A City Should Record an Unfunded Liability for a Claim

question 9

Multiple Choice

A city should record an unfunded liability for a claim from a citizen who files suit because their toddler drowned in the community swimming pool unattended by a lifeguard as:

• A)an expenditure in the General Fund.
• B)a liability in the GLTDAG.
• C)an expenditure in a Special Purpose Fund.
• D)a liability in the General Fund.

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Definitions:

Psychological Gender Differences

Variances in the cognitive, emotional, and psychological traits and behaviors often observed between males and females, influenced by biological, social, and cultural factors.

Male Biased

Refers to a preference or favoritism towards men or masculine perspectives, often leading to unequal treatment or representation.

Cognitive Psychology

A branch of psychology that studies mental processes including how people think, perceive, remember, and learn.

Thoughts

Mental processes or ideas that occur in the mind, involving reasoning, reflection, imagination, and the formulation of opinions.