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Give Two Examples for Each of the Four Types of Cost

question 9

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Give two examples for each of the four types of cost classifications.
Give two examples for each of the four types of cost classifications.


Definitions:

Special Revenue Fund

A fund used by a government to account for revenue from specific sources that are legally restricted to expenditure for particular purposes.

Capital Projects Fund

A type of governmental accounting fund used to finance and track the costs of major capital improvements and constructions.

Permanent Fund

A fund established to provide a stable source of revenue for specific purposes, often funded by endowments or resources that generate interest or other income.

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