In Which of the Following Funds Is It Appropriate to Record

question 68

Multiple Choice

In which of the following funds is it appropriate to record depreciation of capital assets?

• A) Internal service fund.
• B) Permanent fund.
• C) General fund.
• D) Capital projects fund.

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Definitions:

Duty To Render

The legal or ethical obligation to provide a certain level of care or service, especially in professional or emergency situations.

Peril To Herself

Refers to someone being in a situation or engaging in behavior that poses a significant risk of harm to their own well-being.

Proximate Cause

A principle in the law of negligence that determines whether the harm or injury suffered by the plaintiff was a foreseeable consequence of the defendant's action or inaction.

Legal Cause

The reason or motive for some action under law, often referring to the grounds for litigation or the principle reasons behind legal action.