Maxim county just completed construction of a new town hall to be used for its governmental offices. the employees have moved in and the new building is officially in use. the county used a capital projects fund to account for the construction of the building, and the building came in under budget. there is a fund balance of $12,000. the county should: a. transfer the remaining funds to the general fund to pay operating expenses. b. transfer the remaining funds to the debt service fund which will be handling the long-term debt incurred for the construction of the building. c. return the excess to the source of the restricted funding. d. all of the above may be appropriate ways to treat the fund balance.

Acontractor was awarded a purchase order for commercial items for $1.5 million under the authority of far subpart 13.5. the purchase order was issued in november 2010 and containedall applicable clauses that were current as of the date of the purchase order. under the purchase order, the contractor is required to comply with a small business subcontracting plan that contains all of the required elements. which of the following is true? a.the contractor must submit a standard form 294, subcontracting report for individual contracts. b.the contractor must submit an individual subcontracting report through the electronic subcontracting reporting system (esrs). c.the contractor may submit either an sf 294 or report its subcontracting through esrs. d.the contractor is not required to submit any subcontracting reports.