Question: Remaining Time Question Completion Status: Operating activities, financing activities, investing activities QUESTION 45 Campbell County uses the consumption method to record all inventories and prepayments.

 Remaining Time Question Completion Status: Operating activities, financing activities, investing activities

Remaining Time Question Completion Status: Operating activities, financing activities, investing activities QUESTION 45 Campbell County uses the consumption method to record all inventories and prepayments. The County has a 3/31 fiscal year-end. On April 2015, the county purchased a two-year insurance policy at a total cost of $400,000, paying for the policy out of the general fund. In the func financial statements, the amount of insurance expenditures for the fiscal year ended 3/31/2016 would be $400,000 $300,000 $200.000 $100,000 QUESTION 46 Rory City traded in a used pickup for a new pickup truck with a sticker price of $44,000. The old pickup had a fair value of $26,000, historical cost of $47.000, and accumulated depreciation of $18,000. The dealer took the old truck and $15,000 for the new truck. The new truck shoul be reported on the general fund financial statements at 50 $42.000 $44,000 $41,000 Click Save and submit to me and submit. Click Save All Ansters to sell as esc * 0 F COD F4 > 52 FB 19 A N # 3 $ 4 % 5 & 7 8 9 Q W E R T Y A S D F G H J K

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