When Taxes And/or Special Assessments Are Levied Specifically for Payment

question 39

Multiple Choice

When taxes and/or special assessments are levied specifically for payment of interest and principal on long-term debt,those taxes are recognized:

• A) As revenues in the General Fund with transfers made to the debt service funds for payments.
• B) As Other Financing Sources in the debt service fund.
• C) As revenues in the capital projects fund with transfers made to the debt service funds for payments.
• D) As revenues in the debt service fund.

Recognize the importance of timing and how it affects message reception and effectiveness.

Apply strategies to ensure the message aligns with organizational objectives and policies.

Understand the significance of developing a clear, concise, and compelling message to engage the audience.

Assess the importance of the writing process in achieving concise and clear communication in business contexts.