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BabaBlast [244]
3 years ago
7

Who may impose constraints for the use of a committed fund balance?

Social Studies
1 answer:
Ira Lisetskai [31]3 years ago
7 0

Answer:

A. The government's highest level of decision making authority

Explanation:

Committed fund balance is a component of governmental fund on which a self-imposed limitations has been set in place for a particular period of usage example Scholarship Tuition funds. This Limitation can only be imposed at the highest level of decision making and it requires formal action at the same level to remove

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Yield to call (YTC) is a financial term that represents the return that one would receive if they held a note or bond until its call date before the debt instrument reaches maturity. In other words, it's the earnings you would receive if you held a bond until it was called before it matured

Yield to call is the return on investment for a fixed income holder if the underlying security i.e. Callable Bond is held until the pre-determined call date and not the maturity date

The yield to call (YTC) is a calculation of the total return of a bond based off of the purchase price, the par value, and how much will be received in coupon payments until the call date. Where: YTC = yield to call. C = annual coupon.

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The correct Option is B: Individual members

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