Which of the Following Asset Amounts Would Be Classified as Restricted

question 40

Multiple Choice

Which of the following asset amounts would be classified as restricted fund balance on the governmental funds balance sheet?

• A) Cash related to a federal grant for the Public Works department.
• B) Supplies inventory in the General Fund.
• C) Cash in the debt service fund that the city has set aside to pay a long-term note.
• D) A cash contribution that must be maintained in perpetuity.

Explain how opportunity costs and resource scarcity shape actions within rational choice theory.

Identify the differences between various social theories, including rational choice theory, exchange theory, and network theory.

Describe George Homans' propositions related to rational choice and exchange theories.

Apply the principles of rational choice theory to describe motivations and behaviors of actors.

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Definitions:

Social Control

Mechanisms, strategies, and institutions society uses to enforce norms and laws, ensuring conformity and preventing deviant behavior.

Imperatives

Commands or duties that must be followed or fulfilled; often used to describe moral or ethical obligations.

Hypotheticals

Imaginative scenarios created to explore possibilities or reason through moral dilemmas, often used in discussions of ethics or logic.

Impartially

The quality of treating all rivals or disputants equally and fairly, without bias or prejudice.