Revenue estimates and appropriations enacted are standards against which performance is subsequently measured. What implications can be

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Revenue estimates and appropriations enacted are standards against which performance is subsequently measured. What implications can be drawn at year end if variances from these standards occur? If no variances occur?

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Governmental and Nonprofit Accounting

ISBN: 978-0132751261

10th edition

Authors: Robert Freeman, Craig Shoulders, Gregory Allison, Robert Smi

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Question Posted: Oct 25, 2014 04:52 AM

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Revenue estimates and appropriations enacted are standards against which performance is subsequently measured. What implications can be

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Variances indicate that actual revenues or expenditures were more or less than planned or authorized ...View the full answer

Governmental and Nonprofit Accounting

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