Use the Following to Answer the Next Four Questions

question 131

Multiple Choice

Use the following to answer the next four questions:
On April 1, 2015, the City of Southern Ponds issued $3,500,000 in 4% general obligation, tax supported bonds at 101 for the purpose of constructing a new police station. The premium was transferred to a debt service fund. A total of $3,490,000 was used to construct the police station, which was completed before December 31, 2015, the end of the fiscal year. The remaining funds were transferred to the debt service fund. The bonds were dated April 1, 2015, and paid interest on October 1 and April 1. The first of 20 equal annual principal payments of $175,000 is due April 1, 2016.
-In addition to reporting a $3,500,000 liability and a $35,000 bond premium in the government-wide Statement of Net Position,how would the bond sale be reported?

• A) As a $3,500,000 liability in the government-wide Statement of Net Position and as a $3,500,000 other financing source in the debt service fund.
• B) As a $3,535,000 liability in the government-wide Statement of Net Position, as a liability of $ 3,535,000 in the capital projects fund, and as an other financing source of $3,535,000 in the capital projects fund.
• C) A $3,535,000 other financing source in the capital projects fund, a $35,000 other financing use in the capital projects fund, and a $35,000 other financing source in the debt service fund.
• D) The $3,500,000 liability in the government-wide Statement of Net Position and the $35,000 would also be recorded as a bond premium in the Statement of Net Position.

Understand the societal and cultural expectations on adolescents and how they navigate these pressures.

Understand the concept of homophily and its role in adolescent friendships and associations.

Comprehend the impact of peer influence and behavior modeling on adolescents.

Grasp the significance of selection in forming friendships and peer relationships.

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Definitions:

Maximum Stopping Distance

The longest distance a vehicle can take to come to a complete stop from its highest speed under ideal conditions.

Anti-Compounding Feature

is a safety mechanism in braking systems designed to prevent the simultaneous application of both the service brake and the parking brake, reducing the risk of brake damage or failure.

Trailer Service Brake

The trailer service brake is the main braking system of a trailer, activated by the driver to slow down or stop the trailer while in motion.

Treadle Valve

A dual-circuit service brake actuation valve that meters air from the primary and secondary service reservoirs to the service lines and brake chambers. Also known as a foot valve.