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

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Definitions:

Frequency Distributions

A tabular or graphical representation showing the frequencies of different values in a dataset.

Friedman Test

A non-parametric analysis method employed to identify treatment variations over numerous testing trials.

Matched Pairs Experiment

An experimental design where subjects are paired based on certain criteria, and each pair is divided between treatment and control groups to measure the effect of an intervention.

Ordinal Data

Refers to a type of data in statistics that represents categories with a meaningful order, but the differences between the categories cannot be quantified.