Permanent Fund and Bond Refunding

OPTION #1: A GOVERNMENT ACCOUNTING FOR PERMANENT FUND AND BOND REFUNDING

Instructions:

Provide complete answers to the following:

What is the difference between Permanent Funds and Private Purpose Trust Funds?

The General Fund is always considered to be a major fund. When are other governmental funds considered major?

What is a bond refunding and why do governments refund bonds?

What is the difference between a current refunding and advance refunding?

In your analysis, include the following:

An introduction

Requirements 1 – 4

Conclusion.

Paper Requirements:

Submit your responses to the questions in a one- to two-page document in MSWord. Label each question clearly. For computations, please include them in a table.

For written answers, please make sure your responses are well written.

Follow the CSU-Global Guide to Writing & APA Requirements (Links to an external site.)Links to an external site..

The required number of pages for the assignment does not include the title page and references page.