Q13:

In the governmental units all of these true about the budget except

a.

A budget is an estimate of proposed expenditures and the means of spending them.

b.

A budget is a legal document which is used to organize the spending of the organization's sources.

c.

A budget has to be legally adopted by the legislative body of that organization.

d.

The budget is legally binding the administrators of the governmental unit.

Q14:

Which of the following revenues of the general fund are usually recorded before they are actually received:

a.

Parking meter receipts

b.

Property taxes

c.

Sales taxes

d.

Fines and penalties