Which Two Governmental Funds Are Commonly Used to Acquire Capital

question 124

Multiple Choice

Which two governmental funds are commonly used to acquire capital assets?

• A) General Fund & Capital Projects Fund.
• B) General Fund & Debt Service Fund.
• C) Permanent Fund & Capital Projects Fund.
• D) Capital Projects Fund & Debt Service Fund.

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Definitions:

Navy

A branch of a nation's armed forces designated for naval warfare, primarily responsible for naval and amphibious operations.

Enlistments

The act of signing up for duty in the armed forces voluntarily.

Recruiting Quotas

Set numbers or percentages of individuals that an organization, such as the military, aims to enroll or recruit within a specific time period.

Militia

A military force that is raised from the civil population to supplement a regular army in an emergency.