If the unexpended balance funded from a specific capital reserve which is no longer required and the remaining balance of the Ordinance is canceled, the balance may be transferred to Capital Fund Balance.

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Prepare for the Rutgers Municipal Capital and Trust Fund Accounting Test. Use our study guide with flashcards and multiple choice questions. Each question provides hints and explanations for clearer understanding. Ensure your success on the test with our comprehensive resources!

Multiple Choice

If the unexpended balance funded from a specific capital reserve which is no longer required and the remaining balance of the Ordinance is canceled, the balance may be transferred to Capital Fund Balance.

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