A State Constructs an Office Building

question 32

Multiple Choice

A state constructs an office building.The construction is financed with: (1) a transfer of $1 million from the General Fund; (2) a grant of $2 million from the federal government; (3) bond proceeds of $7 million;and (4) earnings of $100,000 from temporary investment of bond proceeds.All transactions occur in one year.
-Based on the preceding set of facts,how much should be reported as Revenues in the Capital Projects Fund?

• A)$100,000
• B)$2,100,000
• C)$3,100,000
• D)$8,100,000

---

Definitions:

Subcutaneous

Pertaining to under the skin, often referring to a route of medication administration.

Injection

The act of administering a liquid, such as a drug or vaccine, directly into a body tissue, often through a syringe and needle.

Angle

The figure formed by two rays, called the sides of the angle, sharing a common endpoint termed the vertex.

Retention Enema

A medical procedure involving the introduction of fluid into the rectum, which is meant to be held in for a designated period to achieve a therapeutic effect.