The ______ Fund accounts for and reports the proceeds of specific revenue sources that are restricted or committed to expenditure for specified purpose other than debt service or capital projects.
A) Special revenue
B) General
C) Enterprise
D) Agency

Question

Quizplus · Accepted Answer

According to governmental accounting principles, the Special Revenue Fund is used for specific revenue sources that are restricted or committed to expenditure for a particular purpose other than debt service or capital projects.

The ______ Fund Accounts for and Reports the Proceeds of Specific