Which of the Following Is False with Respect to Special

question 20

Multiple Choice

Which of the following is false with respect to Special revenue funds?

• A) Resources appropriately reported within proprietary or fiduciary funds are excluded from special revenue funds.
• B) A special revenue funds would be used to account for taxes which are required by state law to be used by the government to support specific activities.
• C) Special revenue funds may be used for any designated purpose to segregate revenues and ensure compliance with restrictions.
• D) None of the above

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Definitions:

Direction

Guidance or supervision regarding the course or path to be followed.

Content

The information or experience provided to an audience or users by a medium or through a communication channel.

Follow-Up Work

Tasks or activities that need to be completed after the initial project or event has taken place.

Close Of Meeting

The concluding part of a meeting where summaries are made, and next steps are outlined.