Using the Information Below,what Amount Should Be Accounted for in a Special

question 38

Multiple Choice

Using the information below,what amount should be accounted for in a special revenue fund or funds? Warehouse equipment used to store supplies for delivery to all city departments and agencies on a cost-reimbursement basis
$300,000
Equipment used for supplying electric power to residents
$1,750,000
Receivables for completed sidewalks to be paid for in installments by affected property owners. Construction was financed by special assessment bonds for which the town has no liability
$1,500,000
Cash received from federal government,dedicated to highway maintenance,that must be accounted for in a separate fund
$1,800,000

• A) $1,800,000.
• B) $2,100,000.
• C) $3,300,000.
• D) $5,350,000.

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Definitions:

Bioethical Responsibility

The obligation to adhere to moral principles in the field of biology and medicine, ensuring respect for all living beings and their dignity.

Kinship

Social bonds and relationships derived from blood ties, marriage, or adoption, forming the basic units of social organization.

Shared Citizenship

A concept where individuals hold citizenship in more than one country, enjoying legal rights and responsibilities in each.

Obligation

A moral or legal duty to perform or not perform a certain action.