Examlex
When converting from governmental fund financial statements to the governmental activities column of the government-wide statements,it is necessary to make a number of adjustments,many of which convert from modified accrual accounting to accrual accounting.
House
Short for the House of Representatives, one of the two houses of the United States Congress, the other being the Senate.
Senate
One of the two houses of the bicameral legislature in many countries, typically representing regional interests and functioning as a check on the powers of the lower house.
Office of Management and Budget
A federal office responsible for preparing the U.S. federal budget and for overseeing the administration's financial management, policy, and legislative agenda.
Federal Budget
An annual financial statement presented by the government detailing its anticipated revenues and expenditures for the coming fiscal year.
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