The Sale of Revenue Bonds by a Water Utility Fund

question 50

Multiple Choice

The sale of revenue bonds by a water utility fund would be recorded:

• A) In the governmental activities column as a liability.
• B) In an enterprise fund as Proceeds of Bonds.
• C) In an enterprise fund as a liability.
• D) In an enterprise fund as a revenue.

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Definitions:

Insect Control

Insect control refers to the methods and practices used to manage and reduce pest insect populations to protect crops, human health, and the environment.

Sterilization

The process of making something free from bacteria or other living microorganisms, often through heat or chemical means.

PMRA

Pest Management Regulatory Agency, the Canadian government agency responsible for the regulation of pesticides and pest management strategies.

Pesticides

Substances used to eliminate or control pests affecting plants or animals, which include herbicides, insecticides, and fungicides, among others.