Which of the following is not a common type of governmental fund expenditure? a. Capital outlay. b.
Question:
Which of the following is not a common type of governmental fund expenditure?
a. Capital outlay.
b. Debt service.
c. Salaries and wages.
d. Depreciation.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
d Depreciation Depreciation is not typically considere...View the full answer
Answered By
Utsab mitra
I have the expertise to deliver these subjects to college and higher-level students. The services would involve only solving assignments, homework help, and others.
I have experience in delivering these subjects for the last 6 years on a freelancing basis in different companies around the globe. I am CMA certified and CGMA UK. I have professional experience of 18 years in the industry involved in the manufacturing company and IT implementation experience of over 12 years.
I have delivered this help to students effortlessly, which is essential to give the students a good grade in their studies.
3.50+
2+ Reviews
10+ Question Solved
Related Book For
Governmental And Nonprofit Accounting
ISBN: 9781292040080
10th International Edition
Authors: Robert J. Freeman, Craig D. Shoulders, Gregory S. Allison, G. Robert Smith
Question Posted:
Students also viewed these Business questions
-
Multiple Choice Questions Identify the best answer for each of the following: 1. In governmental funds, expenditures should be recognized in the period in which a fund liability is incurred, though...
-
Multiple Choice Questions Identify the best answer for each of the following: 1. Which of the following is not a common type of general government long-term liability? a. Bonds. b. Contracts payable....
-
Multiple Choice . Choose the best answer. 1. Which of the following is not a fiduciary fund? a. Permanent fund. b. Agency fund. c. Investment trust fund. d. Pension trust fund. 2. Which of the...
-
The accompanying data were read from graphs that appeared in the article Bush Timber Proposal Runs Counter to the Record (San Luis Obispo Tribune, September 22, 2002). The variables shown are the...
-
Which method of valuing a business is best? Why?
-
Combine the methods of row reduction and cofactor expansion to compute the determinants. 4 3 2 4-3 9-8-7 6 450 5 4 372 2 1 0 0 1
-
Suppose the probabilities are 0.89,0.09, and 0.02 that the finish on a new car will be rated acceptable, easily repairable, or unacceptable. Find the probability that, among 20 cars painted one...
-
You are the manager of a monopolistically competitive firm, and your demand and cost functions are given by Q = 20 2P and C(Q) = 104 14Q + Q2. a. Find the inverse demand function for your firms...
-
Image transcription text Figure 3 Imagine that the horizontal lower bar in Figure 3 is rigid and is constrained to remain horizontal as load P and displacement v increase. The three vertical bars are...
-
A state pays salaries and wages of $118 million to General Fund employees during a year. Unpaid, accrued salaries were $3 million at the beginning of the year and $6 million at year end. General Fund...
-
Allotments are best defined as a. legislative appropriations subdivided into more detailed expenditure categories by the executive branch. b. legislative appropriations subdivided by time periods. c....
-
Three of six people are to be selected and given small prizes. One will be given a book, one will be given a calculator, and one will be given an iTunes card. In how many different ways can these...
-
22. Over the past 8 years UTX Company common stock dividends have grown from $2.70 to $5.00 per share (currently). Determine the value of UTX common stock to an investor who requires a 16% rate of...
-
Jenny and Laura are buying food for a meeting. Jenny bought 3 chicken meals and 1 taco meal for $31. Laura bought 3 chicken meals and 2 taco meals for $38. Write a system of linear equations...
-
A ball is projected upward at time t = 0.0 s, from a point on a roof 90 m above the ground. The ball rises, then falls and strikes the ground. The initial velocity of the ball is 36.2 m/s. if air...
-
How does symbolic interactionism intersect with other sociological perspectives, such as conflict theory and structural functionalism, in offering complementary insights into social phenomena and...
-
The boosters are selling tee shirts and sweatshirts at football games. At the first game, 35 tee shirts were sold and 15 sweatshirts were sold for a total of $795. At the second game, 25 tee shirts...
-
Finn Corporation purchased a machine on July 1, 2008, for $225,000. The machine was estimated to have a useful life of 12 years with an estimated salvage value of $15,000. During 2011, it became...
-
What does non-recourse financing mean?
-
What criteria must be met for an asset to be classified as a capital asset? A general capital asset?
-
How are intangible assets reported? Are costs incurred to create or produce internally generated intangible assets expensed as in business? If not, under what circumstances are they capitalized?
-
What approach should be used to measure a capital asset impairment loss that results from physical damage to the capital asset?
-
Is it easier to heat a water droplet on a superhydrophobic surface or on a moderately hydrophobic surface? Explain.
-
According to BIS 117 section 2.2, what are some of the ways a tech company can close information gaps and reduce expenses?
-
Whats the FUTA when i have a gross pay of 74740.65 and a contribution 401 (k) of 1494.81 based on 2021.
Study smarter with the SolutionInn App