ACCT 625 Ch13 TB
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CHAPTER 13
MULTIPLE CHOICE
1.Which of the following is not an example of a nonprofit institution?
a.
university
b.
hospital
c.
state government
d.
church
e.
none of the answers are correct
ANS:E
2.Cash receipts and disbursements, of governmental agencies, related to the payment of interest and principal on long-term debt describe which of the following?
a.
appropriations
b.
debt service
c.
capital projects
d.
general fund
e.
proprietary funds
ANS:B
3.All cash receipts and disbursements, of governmental agencies, not required to be accounted for in another fund are accounted for in which of the following funds?
a.
fiduciary fund
b.
proprietary fund
c.
general fund
d.
debt service fund
e.
special assessment fund
ANS:C
4.In accounting for governments, which of the...
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