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MSB GovNFP Unit 8

Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.
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Question
Answer
show Pollution Remediation Obligations  
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show Bonds and other debt of enterprise funds issued with covenants that give debt status.  
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Where are General Long Term Liabilities reported?   show
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What is the total amount of indebtedness of specified kinds that is allowed by law to be outstanding at any one time?   show
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What is Debt Margin sometimes referred to as?   show
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When is Overlapping Debt a possibility?   show
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show Regular Serial Bonds, Irregular Serial Bonds, and Deferred Serial Bonds  
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Under the current GASB standards what type of accounting and recording is required?   show
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show Legal Defeasance  
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What is In-Substance Defeasance?   show
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