Basic fiscal - Study guides, Class notes & Summaries

"The established rule is that the expenditure of public funds is proper only when authorized by Congress," describes _____ - Answer Affirmative Authority ______ has the ability to appropriate funds to be spent by the federal government. - Answer Congress The three main elements that must be met before funds are obligated are - Answer Purpose Time Amount To apply reasonably discretion and flexibility, the Government Accountability Office (GAO) developed the concept known as the...

________________ funds are available for new obligations for a period of 5 years. - Answer Anti deficiency Act Principles state that you can receive services without paying for them as benefit to the government. - Answer False ________________ has the ability to appropriate funds to be spent by the federal government. - Answer Congress Under the "Separation of Powers" doctrine established by the Constitution, the _____________ carries out the laws with the money Congress provid...

Copyright © 2022 WILEY Kieso, Intermediate Accounting, 18/e, Solutions Manual (For Instructor Use Only) 5-1-1 Complete Solution Manual and Instructor Resource for Intermediate Accounting, 18th Edition 18th Edition, by Donald E. Kieso, Jerry J. Weygandt and Terry D. Warfield. ISBN- Chapter 1 Financial Accounting and Accounting Standards Assignment Classification Table (By Topic) Topics Questions Brief Exercises Exercises Critical Thinking 1. Environment of accounting, principles, objectives, sta...

FSD 101 Basic Fiscal Law Exam Questions and Answers.

CSL2601 - EXAM PACK (2022) Compare the term sphere with the term level of government and explain the implications of each concept for the institutional status of local government Slide 1: Discussion of the term level - ANS-The term level: 1. the term level of gvt was used during the apartheid area and is obsolete. 2. the term level means that there was a hierarchy according to which 3 spheres was arranged 3. national sphere always prevailed over the prov sphere 4. provincial spher...

BASIC FISCAL LAW 2024 QUESTIONS AND ANSWERS PASSED AND VERIFIED. "The established rule is that the expenditure of public funds is proper only when authorized by Congress," describes _____ - CORRECT ANSWER Affirmative Authority ______ has the ability to appropriate funds to be spent by the federal government. - CORRECT ANSWER Congress The three main elements that must be met before funds are obligated are - CORRECT ANSWER Purpose Time Amoun

Contracting Officer Unlimited Warrant Board verified answers and questions 2023. What is an option? - correct answers.An option is a unilateral right in a contract, for a specific period of time, where the Government may elect to purchase additional supplies or services called for by the contract, or extend the period of performance. The PCO should use options when (1) in the Governments best interest, (2) there is a need for service beyond the initial period, and (3) to ensu...

GCSU GA Constitution Exam Questions and Answers 100% Pass how many federal employees? 3 million how many state/local employees? 13 million What areas of public policy do the states take most of the responsibility for? education, highways, lawenforcement, public health, welfare Similarities between state gov systems 1. every state has a written constitution and 3 gov branches 2. governor, state leg and court system constitutionalism -gov created for the people by people - describe fundamental...

Test Bank for Fiscal Administration,11e 11th Edition by John Mikesell. Complete chapters (Chap 1 to 15) are included with answers. Complete Guide and Latest Edition 1. Fundamental Principles of Public Finance. 2. The Logic of the Budget Process. 3. Budget Methods and Practices. 4. Federal Budget Structures and Institutions. 5. State and Local Budgets. 6. Budget System Reforms: Trying to Make Better Choices. 7. Capital Budgeting, Time Value of Money, and Cost-Benefit Analysis: Process, S...

Copyright © 2022 WILEY Kieso, Intermediate Accounting, 18/e, Solutions Manual (For Instructor Use Only) 5-1-1 Complete Solution Manual and Instructor Resource for Intermediate Accounting, 18th Edition 18th Edition, by Donald E. Kieso, Jerry J. Weygandt and Terry D. Warfield. ISBN- Chapter 1 Financial Accounting and Accounting Standards Assignment Classification Table (By Topic) Topics Questions Brief Exercises Exercises Critical Thinking 1. Environment of accounting, principles, objectives, sta...