Which of the Following Activities Would Most Appropriately Be Recorded

question 55

Multiple Choice

Which of the following activities would most appropriately be recorded by an agency fund?

• A) Assets held for college scholarships to be awarded to the children of police officers.
• B) Deposits held for customers of a city-owned electric utility.
• C) Assets held for special assessment debt repayment.
• D) Assets held for investment,the earnings from which are used for maintenance of the City Cemetery.

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Definitions:

Increases

The act or process of becoming larger or greater in size, number, amount, degree, or intensity.

Decreases

A reduction in size, number, value, or extent of something.

Temperament

Genetically based behavioral tendencies seen in young children.

Personality

The combination of characteristics or qualities that form an individual's distinctive character.