Explain the difference between expenses and expenditures in a state and a local government.
Question:
Explain the difference between expenses and expenditures in a state and a local government.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (3 reviews)
In the context of state and local government finance expenses and expenditures are terms that are of...View the full answer
Answered By
Ali Khawaja
my expertise are as follows: financial accounting : - journal entries - financial statements including balance sheet, profit & loss account, cash flow statement & statement of changes in equity -consolidated statement of financial position. -ratio analysis -depreciation methods -accounting concepts -understanding and application of all international financial reporting standards (ifrs) -international accounting standards (ias) -etc business analysis : -business strategy -strategic choices -business processes -e-business -e-marketing -project management -finance -hrm financial management : -project appraisal -capital budgeting -net present value (npv) -internal rate of return (irr) -net present value(npv) -payback period -strategic position -strategic choices -information technology -project management -finance -human resource management auditing: -internal audit -external audit -substantive procedures -analytic procedures -designing and assessment of internal controls -developing the flow charts & data flow diagrams -audit reports -engagement letter -materiality economics: -micro -macro -game theory -econometric -mathematical application in economics -empirical macroeconomics -international trade -international political economy -monetary theory and policy -public economics ,business law, and all regarding commerce
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Advanced Accounting
ISBN: 978-1305084858
12th edition
Authors: Paul M. Fischer, William J. Tayler, Rita H. Cheng
Question Posted:
Students also viewed these Business questions
-
Explain the difference between operating expenditures and capital expenditures during an asset's useful life and describe the accounting treatment of each.
-
Explain the difference between government spending and government purchases of goods and services.
-
Explain the difference between government spending and government purchases of goods and services (G). which is larger?
-
Be able to explain how land policy shaped economic growth in the United States.
-
Answer each of the following questions using economic theory covered in this lesson. See the table below, and answer each of the questions. a. If the market represented in exhibit above is allowed to...
-
Peter Rourke, a loan processor at Wentworth Bank, has been timed performing four work elements, with the results shown in the following table. The allowances for tasks such as this are personal, 7%;...
-
On December 31, 2018, Edmand, Inc., issued \(\$ 750,000\) of 11 percent, five-year bonds for \(\$ 722,400\), yielding an effective interest rate of 12 percent. Semiannual interest is payable on June...
-
Gerry Jacobs, a financial analyst for Best Value Supermarkets, has prepared the following sales and cash disbursement estimates for the period August through December of the current year. Ninety...
-
If the business involves little risk or the owners have few other assets, limited liability should be given little weight. Question 2 options: True False
-
The debt service fund does not use budgetary accounts. What is the logic for not doing so?
-
Select the best answer for each of the following multiple-choice items. (Nos. 1, 2, 4, 6, 9, and 10 are AICPA adapted.) 1. Which of the following statements is incorrect concerning a governmental...
-
Explain why the string in Figure 4.30 hangs vertically if the velocity is constant. Consider both an airplane moving horizontally and one moving with a nonzero velocity component along y. Figure 4.30...
-
(Write the program in C language that calculates e to the x value for the entered x value, with the following calculation, for the first 15 terms (the ast x will go up to 15). The X value will be...
-
The following logic diagram contains one standard logic gate (an inverter) and two 3-state gates. Each 3-state gate is indicated by the symbol "3.s." near its output, and each is enabled by an...
-
Write a program to help your instructor calculate the highest and the lowest grade in the final exam of his/her CSC1250 section. Your program should ask the instructor to enter the number of students...
-
How can Jack detect issues such as this using his organization's new centralized logging?
-
Marcus has won a $8,000,000 state lottery. He can take his prize as either 25 yearly payments of $320,000 or a lump sum of $3,415,000. Which is the better option? Assume an interest rate of 8%. ......
-
Two forces act on a 5.0-kg object sitting on a friction-less horizontal surface. One force is 30 N in the +x-direction, and the other is 35 N in the x-direction. What is the acceleration of the...
-
Distinguish among total-moisture content, free-moisture content, equilibrium-moisture content, unbound moisture, and bound moisture.
-
Par Corporation paid $3,000,000 for an 80 percent interest in Son Corporation on January 1, 2011, when the book values and fair values of Son's assets and liabilities were as follows (in thousands):...
-
Paw Corporation paid $180,000 cash for a 90 percent interest in Sun Corporation on January 1, 2012, when Sun's stockholders' equity consisted of $100,000 capital stock and $20,000 retained earnings....
-
Use the information and assumptions from Problem P 11-9 for this problem. The accompanying financial statements are for Paw and Sun Corporations, one year after the acquisition. Note that Sun's...
-
Your company is contemplating replacing their current fleet of delivery vehicles with Nissan NV vans. You will be replacing 5 fully- depreciated vans, which you think you can sell for $4,200 a piece...
-
The following spreadsheet contains monthly returns for Cola Co and Gas Co. for 2022: Using these data, estimate the average monthly return and the volatility for each stock. The average monthly...
-
points X Rate of Return if State Occurs 2 Recession Normal Boom Probability of State of State of Economy Stock A Stock B Economy 0.15 0.09 0.16 0.55 0.18 0.17 0.30 0.21 0.21 00:50:36 Stock A Stock B...
Study smarter with the SolutionInn App