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3. Discuss the budget-to-actual comparisons of the major funds. a. Explain the accounting basis used to prepare its annual operating budget. b. Explain whether the
3. Discuss the budget-to-actual comparisons of the major funds. a. Explain the accounting basis used to prepare its annual operating budget.
b. Explain whether the actual amounts are on a GAAP or a budgetary basis.
4. Discuss the main sources of the governments revenues, including those from both governmental and business-type activities.
PLEASE USE CAFR FOR THE CITY OF BOWIE IT IS ATTACHED.
https://www.cityofbowie.org/ArchiveCenter/ViewFile/Item/2110
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