Question: If a governmental unit has decided to acquire assets and has restricted resources to acquire these assets, what must the unit do? a. disclose only

If a governmental unit has decided to acquire assets and has restricted resources to acquire these assets, what must the unit do? a. disclose only in the notes section of the financial reports b. nothing until there is actually an expenditure c. create a debt service fund d. create a capital projects fund
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
