Which of the Following Is Not True for Capital Projects

question 21

Multiple Choice

Which of the following is not True for capital projects funds?

• A) Capital projects funds use a Construction Work in Progress account to record costs until the project is completed.
• B) Encumbrance accounting is generally used.
• C) Capital projects funds use the modified accrual basis of accounting.
• D) Capital projects funds have a project-life focus.

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Definitions:

Flexibility Zone

An area or range within which adaptability and willingness to change are practiced and encouraged.

Supportive Communication

Communication that seeks to preserve a positive relationship between communicators while addressing a problem, focusing on empathy and understanding.

Directive Communication

A communication style where instructions, orders, or directions are given clearly and explicitly to achieve a specific objective.

Reflective Style

A method of operation or behavior characterized by thoughtful consideration and contemplation of one's actions and their impacts.