ACCT567 Capital Funds Purposes

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ACCT567 Capital Funds Purposes
When should a capital projects fund be used by a governmental entity? Is it mandatory…

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ACCT567 Capital Funds Purposes

ACCT567 Capital Funds Purposes

Discussions Week 3 All Students Posts 40 Pages

When should a capital projects fund be used by a governmental entity? Is it mandatory that a governmental entity use a capital project fund for GAAP purposes?  When should a capital projects fund be used by a governmental entity? Is it mandatory that a governmental entity use a capital project fund for GAAP purposes? Let’s also list some advantages of using a capital projects fund. What benefits does the use of a capital projects fund provide?…