Match the Following Fund Balance Descriptions for a General Fund

question 14

Essay

Match the following fund balance descriptions for a General Fund with the proper classification for a fund balance.Each classification may be used more than once.
A.Nonspendable Fund Balance
B.Restricted Fund Balance
C.Committed Fund Balance
D.Assigned Fund Balance
E.Unassigned Fund Balance
________ 1.Amounts can only be spent for the specific purposes determined by a formal action of the government's highest level of decision-making authority.
________ 2.Amounts can only be spent for the specific purposes stipulated by constitution,external resource provider or enabling legislation.
________ 3.Residual classification of funds for the General Fund.
________ 4.Dollar amount of Ending Inventory.
________ 5.Amounts intended to be used by the government for specific purposes but do not meet the criteria of restricted or committed.
________ 6.Dollar amount of endowment principal.

Identify the roles of deduction and assumption in critical and reflective thinking.

Understand the necessity of intrapersonal skills in interpreting feelings, attitudes, and values.

Recognize that critical thinking in nursing needs to be cultivated, organized, and conscientious.

Know significant contributors to the field of critical thinking and their definitions.

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Definitions:

Irregular

Not following usual rules, patterns, or processes; deviating from what is normal or expected.

Lien

A legal claim or right against a property as security for payment of a debt or obligation.

Statutory

Related to, or created by, statutes, which are laws enacted by a legislative body.

Mechanic's Lien

A legal claim against a property for unpaid work or supplies, giving workers and suppliers a form of security for their investment.