A. Fund accounting F. Budgetary fund K. Object class

B. Nonbusiness entity G. Restricted fund L. Appropriation

C. Proprietary fund H. Unrestricted fund M. Encumbrance

D. Expendable fund I. Expenditure N. Consumption method

E. GASB J. Function O. Purchases method

_____ 1. A category where expenditures are organized like expenses

_____ 2. A governmental unit where the revenues are intended to be spent in total

_____ 3. The outflow of a funds resources

_____ 4. The organization which creates accounting standards for governmental units

_____ 5. A fund which must be spend for a specific purpose

_____ 6. A contract between a governmental unit and another entity

_____ 7. The process of accounting for a nonbusiness entity

_____ 8. A fund where estimated revenues are recorded as well as actual earned revenues

_____ 9. Inventory is a resource until it is used

_____10. An organization whose primary purpose is not to earn a profit

_____11. A fund whose resources are all available for immediate expenditure, as opposed to a fund

which has restricted access to resources

_____12. A category of expenditures by its broad purpose

_____13. Inventory is an expenditure when it is purchased, whether its used or not

_____14. A fund that operates very much like a business

_____15. A budgeted expenditure