Question: When a government issues deferred serial bonds, Blank _ _ _ _ _ _ . Multiple select question. it is fiscally prudent to accumulate funds
When a government issues deferred serial bonds, Blank
Multiple select question.
it is fiscally prudent to accumulate funds for payment when the bonds mature
debt service fund cash should be invested
interest receivable on investments should not be accrued in the debt service fund at yearend
the accounting is less complex than accounting for regular serial bonds
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