Q39:

Property taxes levied on the citizens of the Hill County would most appropriately be budgeted in which of the following budgets?

a.

Operating budget.

b.

Flexible budget.

c.

Capital budget.

d.

expenditures budget

Q40:

Business organizations uses many types of budgets, the main budget used in governmental organizations is:

a.

Capital Budget

b.

Long term budget

c.

Operating budget

d.

Cash forecast budget