Which of the Following Resource Inflows Would Be Recorded as a Revenue

question 34

Multiple Choice

Which of the following resource inflows would be recorded as a revenue of a debt service fund?

• A) Property taxes levied by the debt service fund for debt service purposes.
• B) Receipt of the premium on a new bond issue.
• C) Taxes collected by the General Fund and transferred to the debt service fund.
• D) Transfer of the residual equity of a capital project from a capital projects fund to the debt service fund.

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Definitions:

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The 35th President of the United States, serving from 1961 until his assassination in 1963.

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