Which of the following is true regarding capital projects funds? Question 13 options:...
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Accounting
Which of the following is true regarding capital projects funds? Question options: be recognized as a contribution at fair market value. Encumbrance accounting is not used. Fixed assets are depreciated in capital projects funds. be recognized as operating revenue based upon admission fees.
Which of the following is true regarding capital projects funds?
Question options:
be recognized as a contribution at fair market value.
Encumbrance accounting is not used.
Fixed assets are depreciated in capital projects funds.
be recognized as operating revenue based upon admission fees.
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