The Account Deferred Inflows of Resources-Unavailable Revenues Is Used in Governmental

question 24

Multiple Choice

The account Deferred Inflows of Resources-Unavailable Revenues is used in governmental funds to record  

• A) Property taxes that are considered uncollectible.
• B) Property taxes that have been collected but not yet earned.
• C) Property taxes that will not be collected within 60 days of fiscal year end.
• D) All of the above property taxes could be included in Deferred Inflows of Resources-Unavailable Revenues.

---

Definitions:

Amino Acids

Organic compounds containing an amine group, a carboxylic acid group, and a side chain that varies between different amino acids, essential for protein synthesis.

Glycine

The simplest amino acid with the formula NH2CH2COOH, used in the biosynthesis of proteins.

Alanine

A nonessential amino acid used by the body to build proteins and involved in metabolism.

Aspartic Acid

An amino acid with the formula C4H7NO4, important in the biosynthesis of proteins.