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The Following Information Was Drawn from the Records of Wise

question 44

Essay

The following information was drawn from the records of Wise County all amounts are in thousands of dollars.
 Local gas tax restricted for street maintenance$13,000 State grant restricted for police training.4,000 Federal grant for new library.1,222 Gain on sale of general capital assets300 License and permit fees70 Interest collected on investments108 Fines and forfeitures.500 Contributions to permanent fund which supports education635 Shared state revenues restricted to public health.1,100\begin{array}{ll} \text { Local gas tax restricted for street maintenance}&\$13,000\\ \text { State grant restricted for police training.}&4,000\\ \text { Federal grant for new library.}&1,222\\ \text { Gain on sale of general capital assets}&300\\ \text { License and permit fees}&70\\ \text { Interest collected on investments}&108\\ \text { Fines and forfeitures.}&500\\ \text { Contributions to permanent fund which supports education}&635\\ \text { Shared state revenues restricted to public health.}&1,100\end{array} Requirement: Prepare schedules computing amounts to be reported as Charges for Services, Operating Grants and Contributions, Capital Grants and Contributions, and General Revenues.


Definitions:

Human Resource Management

A methodical plan for the efficient management of personnel within a company or organization aimed at achieving a competitive edge in the business.

Acquisition

The process by which one company purchases most or all of another company's shares to gain control of that company.

Organizational Success

The achievement of the goals and objectives set by an organization, often measured by financial performance, market share, or the realization of its strategic aims.

People-centered Practices

Organizational strategies and policies that emphasize the importance of human resources, employee well-being, and fostering a positive work environment.

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