Solutions for Essentials of Accounting for
Governmental and Not-for-Profit
Organizations, 15th Edition Copley
FASABA-ACORRECTAANSWER-FederalAAccountingAStandardsAAdvisoryABoard
GASBA-ACORRECTAANSWER-GovernmentalAAccountingAStandardsABoard
FASBA-ACORRECTAANSWER-FinancialAAccountingAStandardsABoard
FiveAGovernmentalAFundsA-ACORRECTAANSWER-GeneralAFund
CapitalAProjectsAFund
DebtAServiceAFund
SpecialARevenueAFund
PermanentAFund
TwoAProprietaryAFundsA-ACORRECTAANSWER-EnterpriseAFund
InternalAServicesAFund
FourAFiduciaryAFundsA-ACORRECTAANSWER-AgencyAFund
PensionATrustAFund
InvestmentATrustAFund
PrivateAPurposeATrustAFund
GeneralAFundA-ACORRECTAANSWER-
FundsAforAtheAbasicAservicesAprovidedAbyAtheAgovernment
CapitalAProjectsAFundA-ACORRECTAANSWER-
Restricted,Acommitted,AorAassignedAtoAexpenditureAforAcapitalAoutlaysA-
ApurchaseAorAconstructionAofAmajorAcapitalAimprovements
DebtAServicesAFundA-ACORRECTAANSWER-
Restricted,Acommitted,AorAassignedAtoAexpenditureAforAprincipalAandAinterest,AotherAthanAi
nterestAorAprincipalAonAproprietaryAandAfiduciaryAactivities.
SpecialARevenueAFundA-ACORRECTAANSWER-
AccountAforAandAreportAtheAproceedsAofAspecificArevenuesAsourcesAthatAareArestrictedAorAc
ommittedAtoAexpenditureAforAspecifiedApurposeAotherAthanAdebtAserviceAorAcapitalAprojects
.
PermanentAFundA-ACORRECTAANSWER-
ResourcesAthatAareArestrictedAtoAtheAextentAthatAonlyAearnings,AandAnotAprincipal,AmayAbeA
usedAforApurposesAthatAsupportAtheAreportingAgovernment'sAprograms.
EnterpriseAFundA-ACORRECTAANSWER-
UsedAwhenAresourcesAareAprovidedAprimarilyAthroughAtheAuseAofAsalesAandAserviceAcharg
esAtoApartiesAexternalAtoAtheAgovernment.A-
AWaterAandAotherAutilities,Aairports,AswimmingApools,AandAtransitAsystems.
Governmental and Not-for-Profit
Organizations, 15th Edition Copley
FASABA-ACORRECTAANSWER-FederalAAccountingAStandardsAAdvisoryABoard
GASBA-ACORRECTAANSWER-GovernmentalAAccountingAStandardsABoard
FASBA-ACORRECTAANSWER-FinancialAAccountingAStandardsABoard
FiveAGovernmentalAFundsA-ACORRECTAANSWER-GeneralAFund
CapitalAProjectsAFund
DebtAServiceAFund
SpecialARevenueAFund
PermanentAFund
TwoAProprietaryAFundsA-ACORRECTAANSWER-EnterpriseAFund
InternalAServicesAFund
FourAFiduciaryAFundsA-ACORRECTAANSWER-AgencyAFund
PensionATrustAFund
InvestmentATrustAFund
PrivateAPurposeATrustAFund
GeneralAFundA-ACORRECTAANSWER-
FundsAforAtheAbasicAservicesAprovidedAbyAtheAgovernment
CapitalAProjectsAFundA-ACORRECTAANSWER-
Restricted,Acommitted,AorAassignedAtoAexpenditureAforAcapitalAoutlaysA-
ApurchaseAorAconstructionAofAmajorAcapitalAimprovements
DebtAServicesAFundA-ACORRECTAANSWER-
Restricted,Acommitted,AorAassignedAtoAexpenditureAforAprincipalAandAinterest,AotherAthanAi
nterestAorAprincipalAonAproprietaryAandAfiduciaryAactivities.
SpecialARevenueAFundA-ACORRECTAANSWER-
AccountAforAandAreportAtheAproceedsAofAspecificArevenuesAsourcesAthatAareArestrictedAorAc
ommittedAtoAexpenditureAforAspecifiedApurposeAotherAthanAdebtAserviceAorAcapitalAprojects
.
PermanentAFundA-ACORRECTAANSWER-
ResourcesAthatAareArestrictedAtoAtheAextentAthatAonlyAearnings,AandAnotAprincipal,AmayAbeA
usedAforApurposesAthatAsupportAtheAreportingAgovernment'sAprograms.
EnterpriseAFundA-ACORRECTAANSWER-
UsedAwhenAresourcesAareAprovidedAprimarilyAthroughAtheAuseAofAsalesAandAserviceAcharg
esAtoApartiesAexternalAtoAtheAgovernment.A-
AWaterAandAotherAutilities,Aairports,AswimmingApools,AandAtransitAsystems.