General Fixed Assets That Are Acquired with Governmental Fund Resources

question 143

Multiple Choice

General fixed assets that are acquired with governmental fund resources are reported as assets in the:

• A) General Fund.
• B) Capital Projects Fund.
• C) General Fund or Capital Projects Fund, depending upon which fund provided the resources.
• D) None of the above.

---

Definitions:

Carl Rogers

An influential American psychologist who founded client-centered therapy and emphasized the importance of a supportive, non-judgmental therapeutic environment.

Sigmund Freud

An Austrian neurologist and the founder of psychoanalysis, a clinical method for treating psychopathology through dialogue between a patient and a psychoanalyst.

Lithium Carbonate

A drug frequently given to people suffering from bipolar disorder.

Mania

A mental health condition characterized by periods of extreme mood elevation, energy, and behavior that is unusually intense and can impair daily functioning.