Multiple Choice
Correctly match each event with the appropriate expenditure classification. Unless specifically stated otherwise, assume all amounts have been incurred. If the event is not an expenditure, state how the event would be reported in the current year General Fund financial statements. Each classification of expenditure may be used once, more than once, or not at all.
-The General Fund reimbursed the Special Revenue Fund (SRF) for salaries paid originally from SRF resources.
A) Expenditures - Operating
B) Expenditures - Intergovernmental
C) Expenditures - Capital Outlay
D) Expenditures - Debt Service Principal
E) Expenditures - Debt Service Interest
F) Not a General Fund expenditure
G) Event reduces expenditure (also identify which of above expenditures would be reduced)
Correct Answer:

Verified
Correct Answer:
Verified
Q16: Expenditures in a governmental fund are recognized
Q17: Which of the following is
Q18: Correctly match each event with the appropriate
Q19: The purchases method of accounting is permitted
Q20: Which of the following is not a
Q22: A government entered into a general government
Q23: A government has a principal and interest
Q24: Correctly match each event with the appropriate
Q25: Correctly match each event with the appropriate
Q26: Correctly match each event with the appropriate