Which of the Following Funds of a Government Uses the Same

question 64

Multiple Choice

Which of the following funds of a government uses the same basis of accounting as a proprietary fund?

• A) Permanent trust.
• B) Investment trust fund.
• C) Special revenue.
• D) Capital projects.

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Definitions:

Expensive Bouquet

Refers to a collection of flowers that has a high price, often due to its quality, rarity, or the occasion it is meant for.

Marginal Benefit

The increased enjoyment or advantage obtained from consuming one more unit of a good or service.

Proposed Tax

A tax suggested by a government or authority but not yet implemented, often subject to legislative approval or public referendum.

Resources Allocation

The process of distributing available resources among various uses or projects in an effective manner.