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Acct4421 LSU Exam 2
Capital project funds - -used to account for financial resources that are legally restricted and contractually acquired for acquisition of capital assets 
 
Primary purpose of CPF - -ensure and demonstrate the expenditure of the dedicated financial resource is legal and contractual compliant 
 
Schedule of capital assets - -where capital assets themselves are accounted for 
 
Two types of capital projects - -General , Special 
 
Construction cycle - -pre-construction phase (project and financing...