Busy. Please wait.

show password
Forgot Password?

Don't have an account?  Sign up 

Username is available taken
show password


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account.
We do not share your email address with others. It is only used to allow you to reset your password. For details read our Privacy Policy and Terms of Service.

Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.
Don't know
remaining cards
To flip the current card, click it or press the Spacebar key.  To move the current card to one of the three colored boxes, click on the box.  You may also press the UP ARROW key to move the card to the "Know" box, the DOWN ARROW key to move the card to the "Don't know" box, or the RIGHT ARROW key to move the card to the Remaining box.  You may also click on the card displayed in any of the three boxes to bring that card back to the center.

Pass complete!

"Know" box contains:
Time elapsed:
restart all cards
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

MSB WTR10 AC 330 XM1

MSB GovNFP Unit 7

Required repayment to the federal government arising from rules that prohibit the government from investing bond proceeds at interest rates higher than that applicable to the entity's tax-exempt debt. Arbitrage rebate
A significant, unexpected decline in the service utility of a capital asset. Asset impairment
A lease that substantively transfers the benefits and risks of ownership of property to the lessee. Capital leases
The amount paid or liability incurred by an accounting entity to acquire an asset and make it ready to render the services for which it was acquired. Historical cost
Roads, bridges, curbs and gutters, streets, sidewalks, drainage systems, and lighting systems installed for the common good. Infrastructure assets
A rental-type lease in which the risks and benefits of ownership are substantively retained by the lessor. Operating leases
A compulsory levy made against certain properties to defray part or all of the cost of a specific improvement or service. Special assessment
Short-term interest-bearing notes issued by a government in anticipation of bonds to be issued at a later date. Bond anticipation notes
A fund to accumulate revenues from current taxes levied for major repairs and maintenance to capital assets of a nature not specified at the time the revenues are levied. Capital improvements fund
The determination of the cost of construction of buildings and improvements by some agency of the government. Force account construction
Created by: scott.sibbet