Correctly Match Each Event with the Appropriate Expenditure Classification

question 26

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.
-Repayment of a short-term note.

• 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:

Categorical Embellishment

An enhancement or ornamentation organized into distinct categories for clarity or emphasis; however, if referring to a recognized academic or technical term, it's not well-established.

Vocabulary Expansion

The process of learning and acquiring new words and phrases to increase the depth and breadth of one's language ability.

Private Speech

Verbal communication directed at oneself, often seen in developmental contexts as a way for children to guide and regulate their behavior.

Guided Participation

A process where a more knowledgeable individual helps to structure activities in ways that allow less knowledgeable participants to engage in them more effectively.