Which of the Following General Fund Accounts Would Be Closed

question 42

Multiple Choice

Which of the following General Fund accounts would be closed at year end?

• A) Due from State Government.
• B) Taxes Receivable - Delinquent.
• C) Special Items - Proceeds from Sale of Land.
• D) Deferred Revenues - Property Taxes.

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Definitions:

Explanations

Reasonings given to clarify how or why something happens or is done, providing understanding into the cause-and-effect relationships or mechanisms behind events.

Evolutionary Psychology

A theoretical approach in psychology that explains human thoughts and behaviors as adaptations, evolved to solve problems of survival and reproduction.

Evolutionary Psychology

A theoretical approach in psychology that seeks to explain mental and psychological traits—such as memory, perception, or language—as adaptations, i.e., as the functional products of natural selection.

Evolutionary Psychology

A theoretical approach in psychology that examines mental and psychological traits—such as memory, perception, or language—as adaptations, i.e., as the functional products of natural selection.