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MSB GovNFP Unit 008

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
Liabilities that arise from activities of governmental funds and that are not reported as fund liabilities of a proprietary or fiduciary fund   show
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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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The difference between the amount of debt limit calculated as perscribed by law and the net amount of outstanding indebtedness subject to limitation   show
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Bond issue that matures in its entirety on a given date   show
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show Serial Bond  
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show Regular Serial Bond  
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show Deferred Serial Bond  
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Bond issue where the amount of annual principal repayments is scheduled to increases each year by approximately the same amount that interest payments decrease   show
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show Debt Service Fund  
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show Legal Defeasance  
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