A budget document that lists the budget by social services, affordable housing and supplies includes which of the following significant elements?
GASB considers interperiod (intergenerational) equity when
of the following are integral parts of state governments* formal financial statements EXCEPT the
Wasteful year-end spending may be discouraged by including which of the following in the appropriation law?
If an internal service fund needs to develop an hourly billing rate, the calculation should include
An agency operates out of a building that is on the Register of Historic Places; the building is classified as a multi-use federal asset. If the agency recently paid to renovate the office space in the building, the cost for the renovation should be treated as a
An example of a federal principal financial statement is the
Which of the following events is an example of an expenditure but not an expense?
An independent school district completed construction on a new high school during the current fiscal year. The amount paid to the construction manager was $900,000 and the amount paid to the architect was $100,000. The entity depreciates buildings over 50 years, using the straight line, half-year depreciation method. What is the amount reported on the Statement of Activities in the current fiscal year?
What fund category traditionally accounts for the general services to the public such as public safety, health, transportation, social services and the administration of the government?