Use the following fact pattern to answer questions 22 through 23: Expenditures for the month of October (fiscal year 2020) for the following programs / functions, to be paid in November, were as follows: parks and recreation, $50,715; public safety, $102,400; education, $17,200; and, general government, $70,500.

22. At the governmental fund level, the entry to record the October expenditures would include a: A. Credit to Vouchers Payable, $240,815. B. Credit to Cash, $240,815. C. Debit to Expenditures2020, $170,315. D. Debit to Expenses2020, $240,815.

23. At the governmental activities (government-wide) level, the entry to record the October expenses would include a: A. Debit to ExpensesPublic Safety, $102,400. B. Debit to Expenses2020, $240,815. C. Credit to Vouchers Payable, $102,400. D. Credit to Cash, $240,815. 5

24. When a city receives a federal grant for providing food and other assistance to the homeless, the funds should be recorded in the: A. General Fund. B. Capital Projects Fund. C. Special Revenues Fund. D. Custodial Fund.

25. Which of the following fund types does not adopt a budget? A. Special Revenues Fund. B. General Fund. C. Enterprise Fund. D. Debt Services Fund.

26. For governmental entities, the accrual basis of accounting is used for: A. Special Revenues Fund. B. Internal Services Fund. C. General Fund. D. Capital Projects Fund.

27. When equipment is purchased in the general fund, what account is debited upon the receipt of the invoice? A. Equipment. B. Encumbrances Outstanding. C. Expenditures. D. Encumbrances.

28. Camden, NJ received a federal grant for books to be purchased for a library. The funds should be recorded in the: A. Permanent Fund. B. Trust Fund. C. Capital Projects Fund. D. Special Revenues Fund.

29. At the government-wide level, the statement of activities calculates net revenues (expenses) by offsetting program revenues to total expenses. Which of the following is not a program revenue? A. Operating Grants and Contributions. B. Miscellaneous Revenues. C. Capital Grants and Contributions. D. Charges for Services.