Examlex

Solved

Indicate Whether the Following Revenues Should Be Classified as Program

question 88

Essay

Indicate whether the following revenues should be classified as program revenues or general revenues on the government-wide statement of activities.
________ 1. Unrestricted operating grants that can be used at the discretion of the city council.
________ 2. Capital grants restricted for highway construction.
________ 3. Charges for building inspections.
________ 4. A special assessment for snow removal.
________ 5. Fines and forfeits.
________ 6. Motor vehicle fuel taxes restricted for road repair.
________ 7. Unrestricted investment earnings.


Definitions:

Informal Rulemaking

A process used by government agencies to create regulations, where there is typically notice to the public and the opportunity for comments, but without a formal hearing.

Substantial Evidence

An adequate amount of relevant information or facts that a reasonable mind might accept as sufficient to support a conclusion.

Chief Administrator

The highest-ranking official in charge of managing and supervising the operations of a particular organization or governmental body.

Executive Branch

The branch of government responsible for executing and enforcing laws, typically headed by the president or prime minister.

Related Questions