A City Had the Following Accounts and Amounts on Its

question 22

Multiple Choice

A city had the following accounts and amounts on its statement of activities:
-Public safety expenses of $2,755,500
-Public safety charges for services of $20,500
-Public safety operating grants and contributions of $105,000
-Public safety capital grants and contributions of $75,000
-General government charges for services of $455,500
-Property tax general revenues of $2,905,000
-Unrestricted grants of $300,000
Net (expense) revenue for the public safety function would be

• A) $(2,555,000).
• B) $200,500.
• C) $956,000.
• D) $2,555,000.

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Definitions:

Primary Data

Data collected directly through original research, such as surveys or experiments, providing firsthand information specific to the researcher's study.

Cheaper

Less expensive; costing less than other items or alternatives.

Formal Report

An official document prepared to analyze a situation or problem, often leading to recommendations or plans of action.

Primary Sources

Original materials or evidence directly related to a topic under investigation, used in research.