With Regard to the Resources Dedicated to the Acquisition of Capital

question 19

Multiple Choice

With regard to the resources dedicated to the acquisition of capital assets that will be used in general government activities, which of the following is true?

• A)Governments must maintain capital projects funds for resources that are legally restricted to the acquisition of capital assets.
• B)Governments may maintain capital projects funds for resources that are legally restricted to the acquisition of capital assets.
• C)Governments may account for any resources dedicated (whether legally or not)to the acquisition of capital assets in any of the governmental funds.
• D)Governments must account for all resources set aside for capital asset acquisition in a capital projects fund.

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Definitions:

Data Analysis

The process of inspecting, cleansing, transforming, and modeling data with the goal of discovering useful information, informing conclusions, and supporting decision-making.

Qualitative Data

Data that is descriptive and conceptual, often gathered through observations, interviews, and narratives.

Categorization

The process of identifying an item of data as belonging to a category predetermined by the researcher or generated from the information provided by informants.

Coding

The process of categorizing qualitative data based on themes, concepts, or similar features for analysis.