Correctly Match Each Event with the Appropriate Expenditure Classification

question 45

Multiple Choice

Correctly match each event with the appropriate expenditure classification. Unless specifically stated otherwise, assume all amounts have been incurred. If the event is not an expenditure, state how the event would be reported in the current year General Fund financial statements. Each classification of expenditure may be used once, more than once, or not at all.
-Salaries and wages.

• A)Expenditures - Operating
• B)Expenditures - Intergovernmental
• C)Expenditures - Capital Outlay
• D)Expenditures - Debt Service Principal
• E)Expenditures - Debt Service Interest
• F)Not a General Fund expenditure
• G)Event reduces expenditure (also identify which of above expenditures would be reduced)

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Definitions:

Continental Army

The revolutionary war army established by the Second Continental Congress in 1775, led by George Washington, to fight the British.

Inoculation

The practice of introducing a small amount of disease-causing agent into the body to stimulate the immune system and create immunity against a specific disease.

Pan-Indian Alliance

A unification of various Native American tribes across North America for political or military purposes, often in response to European colonization and expansion.