1. A centralized purchasing group within a US City provides items (and charges) other City units. This would be reported in a ______fund.

a.	Internal Service
b.	Permanent
c.	Enterprise
d.	Enterprise

2. The GASB has the authority to establish accounting and financial reporting standards for

a.	US Federal Agencies AND US state/local/tribal
b.	US State, tribal and local governments (NOT for USA federal, though)
c.	Not for Profits in the USA
d.	Publicly Traded Companies

3. In 2020, the Iroquois tribal government spent $1,000 on interest in relation to a new park, in a proprietary fund. 1) Would his be capitalized? Yes or No? 2) would this be capitalized if this occurred in 2018, and 3) would this be the same for a Publicly traded (for-profit) entity?

a.	Yes, Yes, No
b.	Yes, No, Yes
c.	No, No, Yes
d.	No, Yes, No

4. A state in the USA issues a $10,000,000 bond, recording the funds from the bond in the capital projects fund.

How would the state account this item in the capital projects fund account?

a.	Debit building, credit other financial sources
b.	Debit cash, credit other financing sources
c.	Debit cash, credit bond payable
d.	Debit A/P, credit cash