Under Which Fund Type Would You Debit Expenditure When Land

question 35

Multiple Choice

Under which fund type would you debit expenditure when land is acquired?

• A) Governmental
• B) Proprietary.
• C) Both of the above.
• D) None of the above.

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Definitions:

Formalization

The extent to which policies, procedures, job descriptions, and rules are written and explicitly articulated in an organization.

Bureaucratic Aspects

Features relating to the system of administration characterized by strict policies, procedures, and hierarchy intended for efficient organization.

Simple Design

A configuration involving one or two ways of specializing individuals and units.

Rational

Based on logic or reason; characterized by the ability to think clearly, logically, and analytically.