GASB standards suggest the following classification scheme for expenditures:
A.Function
B.Program
C.Organization unit
D.Activity
E.Character
F.Object
For each of the following expenditure items,indicate its correct classification by placing the appropriate letter in the blank space next to the item.
____ 1.Solid waste collection-residential
____ 2.City clerk
____ 3.Supplies
____ 4.Transportation
____ 5.Health and welfare

Question

GASB standards suggest the following classification scheme for expenditures:
A.Function
B.Program
C.Organization unit
D.Activity
E.Character
F.Object
 For each of the following expenditure items,indicate its correct classification by placing the appropriate letter in the blank space next to the item.
 ____ 1.Solid waste collection-residential
 ____ 2.City clerk
 ____ 3.Supplies
 ____ 4.Transportation
 ____ 5.Health and welfare

Quizplus · Accepted Answer

The Answer of GASB standards suggest the following classification scheme for expenditures:
A.Function
B.Program
C.Organization unit
D.Activity
E.Character
F.Object
 For each of the following expenditure items,indicate its correct classification by placing the appropriate letter in the blank space next to the item.
 ____ 1.Solid waste collection-residential
 ____ 2.City clerk
 ____ 3.Supplies
 ____ 4.Transportation
 ____ 5.Health and welfare

GASB Standards Suggest the Following Classification Scheme for Expenditures