When a Governmental Unit Is Primarily or Secondarily Liable for the Debt,debt

question 146

Multiple Choice

When a governmental unit is primarily or secondarily liable for the debt,debt proceeds for special assessment obligations levied for the construction phase of a capital improvement project should be reported in which of the following fund types?

• A) General.
• B) Capital projects.
• C) Agency.
• D) Debt service.

---

Definitions:

Anti-War Speech

Public discourse or address that argues against the initiation, continuation, or support of military conflicts and wars.

Manufacture and Sale

The process of creating goods through various forms of production and then offering them for purchase to consumers.

Alcohol

A colorless volatile flammable liquid that is the intoxicating constituent of wine, beer, spirits, and other drinks, and used as an industrial solvent and as fuel.

Committee on Public Information

An agency established by the U.S. government during World War I aimed at swaying public sentiment and bolstering backing for the war through the use of propaganda.