From the perspective of a bureaucrat, which government accounting method is more feasible for each revenue source Cash Basis, Modified Accrual or Full Accrual Explain your response The key to your response should be stability or volatility of the revenue source over time Further, you should consider whether the revenue source can be broken down into components parts For example, user fees collected from a street meter may differ in stability from user fees collected at a toll station In addition, you should realize that the amount and percentage of revenues collected from each source can vary from year to year depending on any number of social, political and economic factors In any event, be specific and justify your response It may be useful to review the revenue information in Chapter 5, prior to responding to this question Check table below for chp 5 revenu information A State Income Taxes B Public Utility Fees C Donations D Motor Fuel Taxes E Licenses and Fees F Sales Taxes G Gaming Fees (casinos) H Block Grants I Property Taxes Table 5 1 Major Sources of Revenues in the US 6 Federal State Local 1 Individual Income Taxes 44 2 State Income Taxes 17 3 Corporate Income Taxes 11 3 4 Sales Taxes 21 5 Property Taxes 28 6 Excise Taxes 3 7 Social Insurance 36 8 Intergovernmental Transfers 22 38 9 Insurance Trust Revenues 20 10 Charges, Fees and Miscellaneous 23 11 All Other 6 17 5 Note These are all rough yearly estimates The exact dollar amounts can be found at the following websites US Census and Center on Budget and Policy Priorities Table 5 1 Major Sources of Revenues in the US 6 Federal State Local 1 Individual Income Taxes 44 2 State Income Taxes 17 3 Corporate Income Taxes 11 3 4 Sales Taxes 21 5 Property Taxes 28 6 Excise Taxes 3 7 Social Insurance 36 8 Intergovernmental Transfers 22 38 9 Insurance Trust Revenues 20 10 Charges, Fees and Miscellaneous 23 11 All Other 6 17 5 Note These are all rough yearly estimates The exact dollar amounts can be found at the following websites US Census and Center on Budget and Policy Priorities

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From the perspective of a bureaucrat, which government accounting method is more feasible for each revenue source? Cash Basis, Modified Accrual or Full Accrual. Explain

From the perspective of a bureaucrat, which government accounting method is more feasible for each revenue source? Cash Basis, Modified Accrual or Full Accrual. Explain your response. The key to your response should be stability or volatility of the revenue source over time. Further, you should consider whether the revenue source can be broken down into components parts. For example, user fees collected from a street meter may differ in stability from user fees collected at a toll station. In addition, you should realize that the amount and percentage of revenues collected from each source can vary from year to year depending on any number of social, political and economic factors. In any event, be specific and justify your response. It may be useful to review the revenue information in Chapter 5, prior to responding to this question. Check table below for chp 5 revenu information.

A. State Income Taxes

B. Public Utility Fees

C. Donations

D. Motor Fuel Taxes

E. Licenses and Fees

F. Sales Taxes

G. Gaming Fees (casinos)

H. Block Grants

I. Property Taxes

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Table 5.1 Major Sources of Revenues in the US 6% Federal State Local 1. Individual Income Taxes 44% 2. State Income Taxes 17% 3. Corporate Income Taxes 11% 3% 4. Sales Taxes 21% 5. Property Taxes 28% 6. Excise Taxes 3% 7. Social Insurance 36% 8. Intergovernmental Transfers 22% 38% 9. Insurance Trust Revenues 20% 10. Charges, Fees and Miscellaneous 23% 11. All Other 6% 17% 5% Note: These are all rough yearly estimates. The exact dollar amounts can be found at the following websites: US Census and Center on Budget and Policy Priorities. Table 5.1 Major Sources of Revenues in the US 6% Federal State Local 1. Individual Income Taxes 44% 2. State Income Taxes 17% 3. Corporate Income Taxes 11% 3% 4. Sales Taxes 21% 5. Property Taxes 28% 6. Excise Taxes 3% 7. Social Insurance 36% 8. Intergovernmental Transfers 22% 38% 9. Insurance Trust Revenues 20% 10. Charges, Fees and Miscellaneous 23% 11. All Other 6% 17% 5% Note: These are all rough yearly estimates. The exact dollar amounts can be found at the following websites: US Census and Center on Budget and Policy Priorities