Agovernment receives a gift of cash and investments with a fair value of $200,000. the donor specified that the earnings from the gift must be used to beautify city-owned parks and the principal must be re-invested. the $200,000 gift should be accounted for in which of the following funds? a) general fund b) private-purpose trust fund c) agency fund d) permanent fund

Your question asks what type of fund should the gift be accounted for.

The reason why answer choice " ). Permanent fund" is the correct answer because the gift "restricts" the government in it's usage, due to the fact that the $200,000 gift and investment must be used to "beautify the city-owned parks."

The $200,000 gift and investments has a specific intention when being used.

The government would therefore keep some of the money from the gift and investments as a "principal" to make more money from it, while using the rest of the money for it's obligated "use" or "benefit".

This would also be known as a Permanent fund because the fund is being used for something that is owned by the government. In this context, the thing that is owned by the government would be the park, due to the fact that the park is "city-owned." The gift is obligated to be used for the "city-owned" park.

correct, but each time you dont pay the price of the penalty can increase.

answer: a. the kind of population living in your neighbourhood.

the census explorer data tool by the us census bureau allows the user to zoom in on any neighbourhood within the united states and find the kind of people residing in that by race and age.  

the tool needs to needs to be used twice – once in order to find what type of people reside in a neighbourhood, and then to see the age groups of the people in the same neighbourhood.