Question: Please answer only #s 16, 19, 20. 16. When a truck is received by a governmental unit, it should be recorded in the General Fund

Please answer only #s 16, 19, 20.  Please answer only #s 16, 19, 20. 16. When a truck

16. When a truck is received by a governmental unit, it should be recorded in the General Fund as a(n): A) fixed asset. B) expenditure. C) appropriation. D) encumbrance. 17. The activities of a central computer facility should be accounted for in the: A) Capital Projects Fund B) Enterprise Fund. General Fund. D)) Internal Service Fund. 18. Which of the following is used for current expenditures by a college? AD Unrestricted Current Funds, Yes; Restricted Current Funds, Yes Unrestricted Current Funds, No; Restricted Current Funds, No C) Unrestricted Current Funds, Yes; Restricted Current Funds, No D) Unrestricted Current Funds, No; Restricted Current Funds, Yes 19. Which of the following should be accrued as revenues by the general fund of a local government? A) Income taxes currently due B) Sales tax held by the state which will be remitted to the local government: C) Parking meter revenues D) Sales tax collected by merchants 20. Under GASB Statement No. 34, a government-wide financial statement should include a: A) statement of financial position. B) C) D) notes to the financial statements. statement of activities. statement of revenues & and expenses. 21. For state and local government units, the full accrual basis of accounting should be used for what type of fund? Internal service ) Debt service C) Special revenue D) General

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