Question 20 Governments Budgets have a duty to be adhered to because they are: Assessments Apportionments Allotments Law Question 21 All Denominations Hospital has been sued over a malpractice claim. The judgment and trial are still pending but the hospital believes the claim has merit and they will lose the case. What would be the accounting treatment? Increase in Judgments Expense Increase in Contingent Liabilities Decrease in Patient Revenues Increase in Allowance for Judgments Question 22 Bonds or notes that are issued by the government (usually a state government) where they are backed by an implied agreement to make up any deficits are? Moral Obligation Debt Immoral Obligation Debt Obligation Debt Operating Debt