How Would the Government Account for the Unused Bond Proceeds

question 55

Multiple Choice

How would the government account for the unused bond proceeds?

• A) As a revenue in the debt service fund and as an expenditure in the capital projects fund
• B) As an other financing source in the capital projects fund and as an other financing use in the debt service fund
• C) As a special item in both the debt service and capital project funds
• D) As an other financing source in the debt service fund and as an other financing use in the capital projects fund

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Definitions:

Technology Forcing

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Marketable Discharge Permits

Tradable permits allowing the holder to emit a certain amount of pollutants, aimed at reducing the overall impact on the environment.

Carbon Emissions

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Nuisance Claim

A legal complaint asserting that an individual or entity's actions have caused inconvenience or harm, often relating to property use.