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MSB WTR10 AC 330 XM1
MSB GovNFP Unit 003
Question | Answer |
---|---|
Charges for services, operating grants and contributions and capital grants and contributions. | Program revenues |
The arithmetic defference between the amount of financial resources and the amount of liabilities recorded in the fund. | Fund equity |
The cost to purchase a good or service? | Expenditure |
______ have normal balances that are the opposite of the corresponding operating statement accounts. (Except for Encumbrances) | Budgetary accounts |
General government, Public Safety, Highways and Streets, Health and Welfare, Culture and Recreation are examples of? | Functional classifications |
A legally mandated addition to a tax on the day it becomes delinquent. | Penalty |
The net of the amount appropriated, the amount of outstanding encumbrances and the cumulative amount of expenditures to date. | Unencumbered Unexpended Appropriations |
An interrnal allocation of funds on a periodic basis | Allotment |
Expenses associated with a function or program | Direct expenses |
Property taxes based on value | Ad Valorem |