Final answer:
TRUE: The statement is true. Unspent funds received from another source, such as interest on municipal bonds, do not count towards an individual's support for test purposes.
Step-by-step explanation:
The statement "If an individual does not spend funds that have been received from another source (e.g., interest on municipal bonds), the unexpended amounts are not considered for purposes of the support test" is True.
When an individual receives funds from another source, such as interest on municipal bonds, they are not required to spend those funds. The unexpended amounts are not considered when determining the individual's support for test purposes. This means that the unspent funds do not count towards the individual's support and do not affect their eligibility for certain benefits or assistance.