You completed a managerial accounting class last semester and learned about budgeting concepts. How do government budgeting
Question:
You completed a managerial accounting class last semester and learned about budgeting concepts. How do government budgeting concepts differ from those used in a corporate setting?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 46% (13 reviews)
Although the underlying budget concepts are similar for corporations and governments there are ...View the full answer
Answered By
Munibah Munir
I've done MS specialization in finance’s have command on accounting and financial management. Forecasting and Financial Statement Analysis is basic field of my specialization. On many firms I have done real base projects in financial management field special forecasting. I have served more than 500 Clients for more than 800 business projects, and I have got a very high repute in providing highly professional and quality services.I have capability of performing extra-ordinarily well in limited time and at reasonable fee. My clients are guaranteed full satisfaction and I make things easy for them. I am capable of handling complex issues in the mentioned areas and never let my clients down.
4.60+
467+ Reviews
648+ Question Solved
Related Book For
Accounting for Governmental and Nonprofit Entities
ISBN: 978-1259917059
18th edition
Authors: Jacqueline L. Reck, James E. Rooks, Suzanne Lowensohn, Daniel Neely
Question Posted:
Students also viewed these Business questions
-
Joyce Tombert, the bookkeeper for Marks Consulting, a political consulting firm, has recently completed a managerial accounting course at her local college. One of the topics covered in the course...
-
Alice Shimeca, the bookkeeper for Woyak, a political consulting firm, has recently completed a managerial accounting course at her local college. One of the topics covered in the course was the cost...
-
Eric Parker has been studying his department's profitability reports for the past six months. He has just completed a managerial accounting course and is beginning to question the company's approach...
-
Write a paper on the brothers karamazov, fyodor dostoyevsky creates a conversation between two brothers: the cynical ivan, and the devoutly religious and earnest alyosha. In their dialogues...
-
Metronomes, such as the penguin shown in FIGURE 13-35, are useful devices for music students. If it is desired to have the metronome tick with a greater frequency, should the penguin's bow tie be...
-
Stanley Department Stores reported net income of $720,000 for the year ended December 31, 2011. Additional Information: Common shares outstanding at Jan. 1, 2011 ............ 80,000 Incentive stock...
-
How are orbits used in machine diagnosis?
-
To ensure the quality, cost, and timeliness of the new system, you suggested that New Century use a project management approach. Dr. Jones agreed, and he wants you develop a brief presentation that...
-
Cash Flow Problem- The following balances are from the beginning of the year for Dezie Company as of December 31, 20X0: Cash Accounts Receivable- 125,000 40,000 Allowance for Doubtful Accts 2,000...
-
Forrest runs Y Not Flowers, Inc. (YNF), a wholesale flower distributor with stores in several major metropolitan areas of the U.S. He is considering expanding his business, but he thinks his current...
-
Chittenden County had the following federal award activity during the most recent fiscal year: Required a. Based on size, which programs would be considered Type A programs? Type B programs? b. You...
-
Robert Bland suggested that tensions may exist between stakeholders in a governments budget process. Identify examples of potential conflicts between the stakeholders . How are these conflicts...
-
Repeat Example 4.5, but for f (x) = cos(x) at x = /6. Example 4.5 Problem Statement. In Example 4.4, we used a centered difference approximation of O(h) to estimate the first derivative of the...
-
Analyze the structure in Figure P10.17. In addition to the applied load, support \(A\) rotates clockwise by \(0.005 \mathrm{rad}\). Also \(E=200 \mathrm{GPa}\) and \(I=25 \times 10^{6}...
-
What grouping of expenses do you believe your organization uses (traditional cost centers, diagnoses/procedures, care settings, other)?
-
What are several advantages of common stock?
-
Have you had to manage from a cost center type of report? If so, how was it categorized?
-
If so, do you use a computerized program?
-
What is the default risk premium, and why did it dramatically increase during the 20072009 recession? How did this increase affect the MP curve and the output gap?
-
Draw the major product for each of the following reactions: (a) (b) (c) 1) 9-BBN 2) H2O2, NaOH 1) Disiamylborane 2) H20, NaOH
-
Matching Funds with Transactions. Choose the letter of the sample transaction in the right-hand column that would most likely be reported in the fund listed in the left-hand column. Fund Example 1....
-
Matching Funds with Transactions. Choose the letter of the sample transaction in the right-hand column that would most likely be reported in the fund listed in the left-hand column. Fund Example 1....
-
General Long-term Liability and Capital Asset Transactions The Village of Nassau issued a 3-year, 6 percent note in the amount of $100,000 to finance the purchase of vehicles for the Public Works...
-
Windsor, Inc. began operations on January 1, 2022. The following information is available for Windsor, Inc. on December 31, 2022. Accounts payable $4,600 Notes payable $6,440 Accounts receivable...
-
1. 2. The lessee makes a lease payment of $67,200 to the lessor for equipment in an operating lease transaction. Pharoah Company leases equipment from Noble Construction Inc. The present value of the...
-
What would happen if we breach the conditions of the social licence to operate in Australia. Does this mean to compliance risk? What could be happened when there is a revocation of the organisation's...
Study smarter with the SolutionInn App