1.County activities involving provision of services in return for user fees are categorized as:

A. Proprietary activities

B.Governmental activities

C. Fiduciary activities

D. Business activities

2.A county's general fund has $4,000,000 in supplies on hand at the start of 2020. It purchases $25,000,000 in supplies and uses supplies costing $26,000,000 during 2020.

If the consumption method is used, what adjusting entry is required at year-end?

A. Debit fund balanceunassigned, credit fund balancenonspendable for $1,000,000

B. Debit fund balancenonspendable, credit fund balanceunassigned for $1,000,000

C. Debit supplies inventory, credit fund balanceunassigned for $1,000,000

D. Debit fund balancenonspendable, credit supplies inventory for $1,000,000.

3.At the beginning of 2020, the balance sheet of a county general fund reports $500,000 in property taxes receivable from 2019, of which $350,000 are considered uncollectible. During 2020 the county sends out tax bills in the amount of $10,000,000, of which $600,000 are expected to be uncollectible. Cash collections on 2019 taxes are $140,000, and the remaining uncollected taxes are written off. Cash collections on 2020 taxes are $9,500,000. Of the $500,000 uncollected at the end of 2020, $100,000 are expected to be collected within 60 days, $65,000 are expected to be collected more than 60 days after year-end, and the rest are uncollectible.

How does activity in 2020 related to 2019 taxes affect 2020 property tax revenue?

A. Reduction of $10,000.

B. No effect

C. Increase of $140,000.

D. Increase of $10,000.

4.A government orders services in the amount of $5,000,000 and records the order as an encumbrance. When the services are provided, the invoice is in the amount of $4,998,000.

Which statement below istrue?

A. When the invoice is received, the encumbrance account is debited for $5,000,000.

B. When the order is placed, fund balanceassigned is credited for $5,000,000.

C. When the order is placed, expenditures are debited for $5,000,000.

D. When the invoice is received, fund balanceassigned is debited for $4,998,000.

5.The general fund collects taxes that are legally restricted for use in a future year. The amount of the collections is reported on the general fund's:

A. Balance sheet as a deferred inflow.

B. Operating statement as an other financing source.

C. Operating statement as revenues.

D. Balance sheet as a liability.

6.The general fund has the following budget:

$400,000 in estimated revenues,

$410,000 in appropriations,

$20,000 in estimated other financing sources, and

$25,000 in estimated other financing uses.

If the general fund's balance in fund balance-unassigned was $60,000 at the beginning of the year, before the budget entry, what is its balance after the budget entry?

A. $45,000

B. $40,000

C. $75,000

D. $35,000