The Police Department of a Given City Received an Appropriation

question 74

Multiple Choice

The Police Department of a given city received an appropriation in the amount of $12,000,000 for the fiscal year ended June 30, 2009. During the month ended July 31, 2008, the following transactions occurred: (a) purchase orders were issued in the amount of $500,000; (b) purchase orders, related to (a) above, were filled in the amount of $460,000; the related invoice amount was $463,000; invoices were paid in the amount of $450,000; (c) salaries were accrued and paid in the amount of $480,000. The balance available for the police department as of July 31, 2008 is:

• A) $11,000,000
• B) $11,007,000
• C) $11,010,000
• D) $11,017,000

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Definitions:

Assessment Process

A systematic evaluation or analysis of a particular process, situation, or individual, often used to determine needs, preferences, or abilities.

Short-hand Categorization

The process of quickly classifying objects, people, or concepts into simplified groups based on easily recognizable features.

Task or Mission

The specific duty, objective, or purpose that an individual, group, or organization is committed to achieving.

First Meeting

The initial encounter or session between individuals or parties, often setting the tone for future interactions or relationships.