Grant Proceeds Received from the State for a Capital Project

question 16

Multiple Choice

Grant proceeds received from the state for a capital project would be recorded in a capital projects fund of a city government as a an:

• A) Revenue.
• B) Other Financing Source.
• C) Direct addition to Fund Balance.
• D) Other Financing Use.

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Definitions:

Bone Marrow

The soft, fatty tissue inside bones that produces blood cells.

Vertebrae

The individual bones that form the vertebral column (spine), providing structural support and protecting the spinal cord.

Lumbar

Relating to the lower part of the spine, composed of five vertebrae between the rib cage and the pelvis, often associated with back pain when referencing the anatomical area.

Thoracic

Related to the chest region of the body, particularly concerning the ribs, heart, and lungs.