With Respect to Debt Service Funds, Which of the Following

question 39

Multiple Choice

With respect to Debt Service Funds, which of the following isnot correct?

• A) Typically, resources are provided through transfers from the General or other funds.
• B) Encumbrances are recorded to reflect principal payments that are expected to come due within the current accounting period.
• C) There are two types of debt service expenditures: interest and principal
• D) In most cases, interest and principal payments are not recorded until payment is due.

---

Definitions:

Victor Vroom

A psychologist recognized for formulating the expectancy theory of motivation, which suggests that individual motivation to perform is influenced by expectations of reward and achievable outcomes.

Hygiene Factors

Elements related to job dissatisfaction according to Herzberg's motivation-hygiene theory, including company policy, supervision, salary, interpersonal relations, and working conditions.

Dissatisfiers

Factors or elements in a situation or product that can cause dissatisfaction if missing or poorly executed, though their presence does not necessarily increase satisfaction.

Herzberg

Refers to Frederick Herzberg, an American psychologist known for introducing the two-factor theory, also known as Herzberg's motivation-hygiene theory, in workplace management.