Help
Options
Didn't know it?
click below
click below
Knew it?
click below
click below
Don't Know
Remaining cards (0)
Know
retry
shuffle
restart
0:00
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.
Normal Size Small Size show me how
Normal Size Small Size show me how
MSB WTR10 AC 330 XM1
MSB GovNFP Unit 3
| Question | Answer |
|---|---|
| Expenses that are specifically associated with a function or program. | Direct Expenses |
| Expenses that are not directly linked to an identifiable function or program. | Indirect Expenses |
| Transactions or other events that are both unusual in nature and infrequent in occurence. | Extraordinary items |
| Items within management's control that may be either unusual in nature or infrequent in occurence but not both. | Special items |
| What are the three general ledger budgetary control accounts that are needed in the General Fund? | Estimated Revenues, Appropriations, and Encumbrances |
| A specific and distinguishable line of work performed by an organization unit. | Activity |
| An internal allocation of funds on a periodic basis usually agreed upon by the department heads and the chief executive. | Allotment |
| What type of revenues are not directly linked to any specific function or program? | General revenues |
| The term used to classify the cost to purchase a good or service. | Expenditure |
| An authorization to incur on behalf of the governmental unit liabilities for goods, services and facilities. | Appropriation |
Created by:
jamifreese
Popular Accounting sets