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?
-
Majer Corporation makes a product with the following standard costs: Standard Quantity or Hours 6.3 ounces 0.6 hours 0.6 hours Direct materials Direct labor Variable overhead Standard Cost Per Unit $...
-
Assuming that MNC entered into a forward contract to sell 10 million South Korean won on December 1, 2009, as a fair value hedge of a foreign currency receivable, what is the net impact on its net...
-
The list that follows presents Shah Companys accounts (in alphabetical order) as of March 31, 2014. The list does not include the amount of Accounts Payable. Prepare a trial balance with the proper...
-
The Coca-Cola Company uses FIFO method for valuing inventory. In 2019, they began the year with 60 bottles costing $30 each. On June 15 th , they bought 50 bottles costing $35 each. On December 31 st...
-
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....
-
Fill in the blanks to make the following statements correct. a. The term quantity demanded refers to ___________ purchases by consumers, whereas quantity exchanged refers to ___________ purchases by...
-
The transmitted energy expands out into space as it propagates at 3 GHz between the transmitter and the receiver over 30 km distance. Calculate the free space loss using a suitable formula and any...
-
What is the company featured in this episode of Undercover Boss? List 3 good professional activities that the CEO/president learned about their company by going undercover? List areas of the...
-
Assume there is a national lottery in the winning ticket is worth $10 million one winning ticket will be selected if there are 225 million tickets sold. What is the chance that a buyer of one ticket...
-
Description: Reference: Basu Thakur. (2015). PostcolonialTheory and Avatar (pp. 85-150,157-172). Bloomsbury PublishingUSAPre-Peer Paper Review for the Postcolonial Application Paper 1: Collecting...
-
NOT ASKING THE ACTUAL SHEAR STRESS. Please READ! Derive the shear stress distributed equation over the cross-section. Derive the equation and plot. 15 15 30 15 15 120 -90 20 0.5 m 72 kN 20 20 40 40...
-
Find the interval [a, b] for which the value of the integral is a maximum. (2 + x - x) dx
-
What is beacon marketing? What are digital wallets?
-
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?
-
Indicate whether the following managerial policy increases the risk of a death spiral:Use of low operating leverage for productionGroup of answer choicesTrueFalse
-
It is typically inappropriate to include the costs of excess capacity in product prices; instead, it should be written off directly to an expense account.Group of answer choicesTrueFalse
-
Firms can avoid the death spiral by excluding excess capacity from their activity bases. Group of answer choicesTrueFalse
Study smarter with the SolutionInn App