Governmental and Nonprofit Accounting (11th Edition)

11th Edition

ISBN: 9780133799569

Author: Robert J. Freeman, Craig D. Shoulders, Dwayne N. McSwain, Robert B. Scott

Publisher: PEARSON

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Textbook Question

Chapter 3, Problem 1.2E

Special budgets are best defined as budgets

a. that include special items.
b. prepared for any fund other than the General. Special Revenue, and Debt Service Funds.
c. that are always multiyear in nature.
d. for proprietary funds.

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Chapter 3, Problem 1.1E

Chapter 3, Problem 1.3E

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Chapter 3 Solutions

Governmental and Nonprofit Accounting (11th Edition)

Ch. 3 - Governmental budgeting and budgetary control are...Ch. 3 - Distinguish between the following types of...Ch. 3 - Prob. 3Q Ch. 3 - What are budgetary control points? How do they...Ch. 3 - Prob. 5Q Ch. 3 - Why might a local government not prepare and adopt...Ch. 3 - Revenue estimates and appropriations enacted are...Ch. 3 - In business accounting, a single general ledger...Ch. 3 - Illustrations 3-2 and 3-3 show Revenues Subsidiary...Ch. 3 - An interim budgetary comparison statement for a...

Ch. 3 - Prob. 11Q Ch. 3 - An annual budgetary comparison schedule for a...Ch. 3 - General budgets are most common for which of the...Ch. 3 - Special budgets are best defined as budgets a....Ch. 3 - Prob. 1.3E Ch. 3 - Which of the following statements is false? a....Ch. 3 - Which of the following statements is true? a....Ch. 3 - Appropriation requests for the General Fund are...Ch. 3 - Which of the following statements would be true...Ch. 3 - Prob. 2.3E Ch. 3 - Which of the following GAAP requirements for...Ch. 3 - Prob. 2.5E Ch. 3 - Prob. 3.1E Ch. 3 - Which of the following items does a government...Ch. 3 - The budget data presented in a school district...Ch. 3 - Allotments are best defined as a. legislative...Ch. 3 - Prob. 4E Ch. 3 - Prob. 5E Ch. 3 - (Budgetary EntriesGeneral Ledger) The city of...Ch. 3 - (General LedgerSubsidiary Ledgers Relationship,...Ch. 3 - (General Ledger Entries) Record the following...Ch. 3 - (Encumbrances) Record the following transactions...Ch. 3 - (Operating Budget Preparation) The finance...Ch. 3 - (Budgetary and Other EntriesGeneral and Subsidiary...Ch. 3 - Prob. 3P Ch. 3 - (Budgetary Comparison StatementBudgetary Basis...Ch. 3 - (a) Prepare general ledger and subsidiary ledger...Ch. 3 - Using the information from C3-2 and assuming that...

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Special budgets are best defined as budgets a. that include special items. b. prepared for any fund other than the General. Special Revenue, and Debt Service Funds. c. that are always multiyear in nature. d. for proprietary funds.

Solution Summary: The author explains that a general budget is concerned with the General funds, Special Revenue funds and Debt Service Fund.

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