From the items listed, which amount should be accounted for in a special revenue fund?

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Multiple Choice

From the items listed, which amount should be accounted for in a special revenue fund?

Explanation:
Special revenue funds are used for resources that are restricted by law, regulation, or external agreement to be used for a specific purpose other than capital projects or debt service. The amount that represents restricted funding for a particular program should be put in a special revenue fund. In this case, the 1,800,000 reflects funds tied to a defined program or activity, so it belongs in a special revenue fund rather than the general fund or other funds. The other amounts would typically be assigned to other fund types that match their more general or different-use nature.

Special revenue funds are used for resources that are restricted by law, regulation, or external agreement to be used for a specific purpose other than capital projects or debt service. The amount that represents restricted funding for a particular program should be put in a special revenue fund. In this case, the 1,800,000 reflects funds tied to a defined program or activity, so it belongs in a special revenue fund rather than the general fund or other funds. The other amounts would typically be assigned to other fund types that match their more general or different-use nature.

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