Question

The operations of community health programs financed by federal aids are reported in a city government's...

The operations of community health programs financed by federal aids are reported in a city government's

Group of answer choices

debt service funds

permanent funds

capital projects funds

special revenue funds

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Answer #1

OPTION D ----- Special Revenue funds is answer

Special revenue fund is an account established by government to collect money that must be used for specific project. Since funds received from health programs to be specifically applied to health related activities.

All other options are incorrect since

Capital project funds is used in governmental accounting to track financial resources used to acquire or construct a major capital asset.

Debt service funds is a cash reserve that is used to pay for the interest or principal payments on certain types of debts

Permanent funds assist government in managing certain funds.It is used to generate or distribute money to those entitled to receive money by qualifications or agreement.

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