23) A city levies $300,000 of property taxes for its current fiscal year, One percent of the tax levy is expected to be estimated discount on property taxes, The city collects $270,000 of its taxes during the year and another $25,000 during the first two months of the following year, What amount of property tax revenues should the city report in the General Fund financial statements for the current fiscal year?

24)

Which of the following is not a characteristic that distinguishes government and not for profit organizations from business enterprises?

a.

Borrowing is not a significant source of financing.

b.

Net income is not an appropriate performance evaluation measurement for most of these organizations.

c.

Accumulating wealth on behalf of its constituents is a key goal of the organization.

d.

The resource providers often do not receive services commensurate with the amount of resources they provide.