2. If not expenditure driven, a grant approved and paid by the federal government to assist in a city’s welfare program during the current year should be credited to a. Revenues. b. Fund...

2. If not expenditure driven, a grant approved and paid by the federal government to assist in a city’s welfare program during the current year should be credited to

a. Revenues.

b. Fund Balance—Reserved for Welfare Programs.

c. Fund Balance—Unassigned.

d. Other Financing Sources.