MATCHING Match Each Description with the Item Below

question 6

Multiple Choice

MATCHING
Match each description with the item below.
-William Pitt

• A)was a British general in the French and Indian War
• B)surrendered Fort Necessity to French
• C)wrote Common Sense
• D)architect of the Albany Plan of Union
• E)warned citizens of Lexington of a British military advance
• F)wrote Two Treatises on Government
• G)was a British war minister during the French and Indian War
• H)organized the Sons of Liberty
• I)proposed the Stamp Act
• J)was the governor of the Dominion of New England

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Definitions:

Government-Wide Financial Statements

Comprehensive financial reports that provide an overview of a government's net position and financial activities, differentiating between governmental and business-type activities.

Intra-Activity Transactions

Transactions that occur between divisions within the same company, affecting only internal accounts without impacting the company's financial position to external parties.

GASB Concepts Statement No. 1

A framework provided by the Governmental Accounting Standards Board outlining objectives and concepts for general purpose external financial reporting by state and local governments.

Fund Balance Categories

Classification of fund balances in governmental accounting that indicates the extent to which spendable resources are subject to external restrictions or are designated for specific purposes.