In the Capital Projects Fund General Journal, Construction Work in Progress

question 15

True/False

In the capital projects fund general journal, Construction Work in Progress is the account used to capitalize the accumulated cost of partially-completed general capital assets.

---

Definitions:

Oxygen-rich Blood

Blood that has been oxygenated in the lungs and is carried to the body's tissues.

Pulmonary Circuit

The pathway by which blood travels from the heart to the lungs to be oxygenated and then back to the heart.

Systemic Circuit

The part of the cardiovascular system that carries oxygenated blood away from the heart to the body and returns deoxygenated blood back to the heart.

AV Valves

Atrioventricular valves are valves in the heart that lie between the atria and the ventricles to prevent the backflow of blood during ventricular contraction.