Go to the Government Finance Officers Association (GFOA) Website to read the best practice article “Capital Project Monitoring and Reporting,” located at http://www.gfoa.org/capital-project-monitoring-and-reporting.

Identify (2) policies or processes recommended in the article that will alleviate accounting problems or issues in the capital projects and debt service funds. Provide examples to support the policies and procedures selected and a rationale for your selections.

Discuss the significance of arbitrage transactions in the issuance of debt by state ad local governments. Analyze the restrictions on arbitrage transactions imposed by federal regulations and potential consequences for violation of the regulations.

Answer rating: 100% (QA)

In economics and finance arbitrage rbtr UK also trd is that the practice of taking advantage of a price difference between two or more markets striking a mix of matching deals that capitalize upon the ... View the full answer