6. What is meant by deferred inflow of resources? Provide an example of when a government might credit such an account.

7. What is the earliest point in the sales tax collection process that revenue may be recognized? How can you justify recognizing revenue on the basis of this event?

8. What special problems do governments face in measuring the income taxes associated with a particular year?

9. What are nonrevenue sources of funding? Why are they not shown with revenues in the Statement of Revenues, Expenditures and Changes in Fund Balances?

10. What are fund balances and what classification of fund balances are available in the general fund?