Correctly Match Each Event with the Appropriate Expenditure Classification

question 4

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.
-Using supplies (assume the consumption method is used) .

• 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:

Epiphyses

The ends of long bones, where growth in length occurs during childhood and adolescence.

Long Bones

Bones that are longer than they are wide and serve as levers for movement, such as the femur.

Collagen Fibers

Strong, fibrous proteins found in connective tissues, providing structural support and elasticity to skin, tendons, and ligaments.

Hydrochloric Acid

A strong acid composed of hydrogen and chlorine, found in the stomach, where it aids in digestion.