Table of contents

1. Introduction to Accounting1h 21m
2. Transaction Analysis1h 13m
3. Accrual Accounting Concepts2h 38m
4. Merchandising Operations2h 30m
5. Inventory1h 55m
6. Internal Controls and Reporting Cash1h 16m
7. Receivables and Investments3h 8m
8. Long Lived Assets5h 1m
9. Current Liabilities2h 19m
10. Time Value of Money1h 23m
- Time Value of Money Equations
  35m
- Using Time Value of Money Tables
  47m
11. Long Term Liabilities2h 45m
12. Stockholders' Equity2h 15m
13. Statement of Cash Flows2h 24m
14. Financial Statement Analysis5h 25m
15. GAAP vs IFRS56m

1. Introduction to Accounting

Types of Accounting

Financial Accounting

1. Introduction to Accounting

Types of Accounting

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Multiple Choice

Municipal bonds are used to finance which of the following?

Private corporate expansions

Public infrastructure projects such as schools and highways

Personal home mortgages

International trade agreements

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Verified step by step guidance

Understand the concept of municipal bonds: Municipal bonds are debt securities issued by local governments, municipalities, or other public entities to raise funds for public projects.

Identify the purpose of municipal bonds: These bonds are typically used to finance public infrastructure projects, such as schools, highways, bridges, and other community facilities.

Eliminate incorrect options: Municipal bonds are not used for private corporate expansions, personal home mortgages, or international trade agreements, as these purposes do not align with the public nature of municipal bond financing.

Focus on the correct option: Public infrastructure projects are the intended use of municipal bonds, as they benefit the community and align with the goals of local governments.

Conclude the reasoning: Municipal bonds are specifically designed to support public projects, making 'Public infrastructure projects such as schools and highways' the correct answer.