Which of the following does not account for the differences between budgetary resources used by a Federal agency and the agency's net cost of operations?
A) depreciation of equipment acquired in a previous year
B) requisitions for supplies needed but not ordered
C) supplies received during the year but not used
D) accrual of a liability that had not been funded
Correct Answer:
Verified
Q11: What is the name of the entity
Q12: When do federal agencies make an entry
Q13: Name the two major categories of funds
Q14: Which of the following actions will reduce
Q15: When are expenses and liabilities recognized for
Q16: What is the rule regarding depreciation of
Q17: Which one of the following actions requires
Q18: What basis of accounting is used in
Q20: Which of the following statements is false?
A)Depreciation
Q21: State whether each of the following are
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