Chat with AIExam 4: Accounting for the General and Special Revenue Funds
Exam 1: Introduction to Accounting and Financial Reporting for Governmental and Not-For-Profit Organizations134 Questions
Exam 2: Overview of Financial Reporting for State and Local Governments135 Questions
Exam 3: Modified Accrual Accounting: Including the Role of Fund Balances and Budgetary Authority143 Questions
Exam 4: Accounting for the General and Special Revenue Funds125 Questions
Exam 5: Accounting for Other Governmental Fund Types: Capital Projects, Debt Service, and Permanent152 Questions
Exam 6: Proprietary Funds130 Questions
Exam 7: Fiduciary Trustfunds154 Questions
Exam 8: Government-Wide Statements, Capital Assets, Long-Term Debt143 Questions
Exam 9: Accounting for Special-Purpose Entities, Including Public Colleges and Universities105 Questions
Exam 10: Accounting for Private Not-For-Profit Organizations151 Questions
Exam 11: College and University Accounting Private Institutions125 Questions
Exam 12: Accounting for Hospitals and Other Health Care Providers100 Questions
Exam 13: Auditing, Tax-Exempt Organizations, and Evaluating Performance151 Questions
Exam 14: Financial Reporting by the Federal Government66 Questions
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Special revenue funds are used if the resources are required to be used to acquire capital assets or for the payment of interest and principal on long-term debt.
(True/False)
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(39) The asset,equipment,used by a department accounted for by the General Fund of a governmental unit should be reported in the:
(Multiple Choice)
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(38) Governmental fund financial statements are to be prepared on the
(Multiple Choice)
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(25) The following items were included in the City of Wilson's General Fund expenditures for the year ended June 30,2014:
How much should be classified as capital assets in Wilson's General Fund balance sheet at June 30,2014?
How much should be classified as capital assets in Wilson's General Fund balance sheet at June 30,2014? (Multiple Choice)
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(30) Liabilities incurred,such as for accrued payroll,but still unpaid at year-end,should be recorded in the General Fund by a debit to which one of the following accounts?
(Multiple Choice)
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