The Repayment of Bond Principal Should Be Reported in the Fund

question 44

Multiple Choice

The repayment of bond principal should be reported in the fund statements of a debt service fund as a/an

• A) Reduction of bonds payable.
• B) Expenditure.
• C) Other financing use.
• D) Direct reduction of fund balance.

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Definitions:

Independent Variable

The variable in an experiment that is manipulated by the researcher to observe its effect on the dependent variable.

Comprehension

The ability to understand or grasp the meaning of something.

Test Scores

Quantitative measures obtained from educational assessments or exams; also not a key term in a statistical context alone, thus NO.

Reliable

A term indicating the consistency or repeatability of a measure or test over time.