The following are key terms in Chapter 7 that relate accounting for the business-type activities of state and local governments:
A.Customer advances for construction
B.Revenue bonds
C.Utility plant acquisition adjustment
D.Regulatory accounting principles
E.Original cost
F.Historical cost
G.General obligation bonds
For each of the following definitions,indicate the key term from the list above that best matches by placing the appropriate letter in the blank space next to the definition.
Definitions:
Q11: "Because budgetary accounts are used by governments,their
Q17: For the following items that require reconciliation
Q27: The activities of a water utility department,which
Q28: Which of the following circumstances would indicate
Q30: Spain's Atapuerca mountains hold one of the
Q31: A not-for-profit organization incurred $10,000 in management
Q34: Which of the following statements concerning the
Q42: On the due date for bond interest,the
Q55: "Enterprise funds should not be permitted to
Q68: An interim schedule comparing the detail of