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I have three public financial management questions (1)Under accrual accounting, the following are expenses on the operating budget (circle all that apply): 1. Depreciation 2.

I have three public financial management questions

  1. (1)Under accrual accounting, the following are expenses on the operating budget (circle all that apply):
  2. 1. Depreciation
  3. 2. Debt repayments
  4. 3. The acquisition of capital assets
  5. 4. Interest
  6. 5.Paymentstosuppliers
  7. (2) Operating budgets may differ from cash budgets due to (circle one):
  8. 1. Payment lags
  9. 2. Payment leads
  10. 3. Receipt lags
  11. 4. A and B
  12. 5.A,B,andC
  13. (3) A vaccination program has a fixed cost of $1,000 and there are no step-fixed costs. If the variable cost is $1.00 and the variable revenue is $1.50 (circle one):
  14. 1. The contribution margin is positive
  15. 2. Marginal cost is equal to variable cost
  16. 3. The break-even quantity will not change if variable revenue is decreased to $1.25
  17. 4. A and B
  18. 5. A, B, and C

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