In Accounting for Governments,which of the Following Provides Necessary Resources

question 20

Multiple Choice

In accounting for governments,which of the following provides necessary resources and the authority for their disbursements?

• A)General fund
• B)Encumbrances
• C)Internal services
• D)Appropriations
• E)Special assessments

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Definitions:

Assessment

The process of evaluating or analyzing something to determine its nature, quality, or significance.

Continuum

A continuous sequence in which adjacent elements are not perceptibly different from each other, although the extremes are quite distinct.

Mismatch Syndrome

The incongruence felt when there's a discrepancy between an individual's environment and their cultural or personal expectations.

Cultural Values

The core principles and standards that guide the behavior and practices of a cultural group, influencing individual attitudes, customs, and ethics.