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For Each of the Following Definitions, Indicate the Key Term

Question 54

Essay
For each of the following definitions, indicate the key term from the list that best matches by placing the appropriate definition.
A. Apportionment
B. Budgetary resources
C. Expended appropriation
D. Governmental assets
E. Heritage assets
F. Intragovernmental assets
G. Stewardship investments
H. Stewardship land
________1. Federal capital assets that possess educational, cultural, or natural characteristics
________2. Claims by or against a reporting entity that arise from transactions between the entity and other reporting entities
________3. Assets that arise from transactions of the federal government or an entity of the federal government with nonfederal entities
________4. Dividing a federal appropriation into amounts that are available during specific periods
________5. Federal land other than that included in general property, plant, and equipment
________6. New budgetary authority for the period plus unobligated budgetary authority carried over from the prior period and offsetting collections, if any, plus or minus any budgetary adjustments
________7. An account used when the goods or services have been received

For each of the following definitions, indicate the key term from the list that best matches by placing the appropriate definition.
A. Apportionment
B. Budgetary resources
C. Expended appropriation
D. Governmental assets
E. Heritage assets
F. Intragovernmental assets
G. Stewardship investments
H. Stewardship land
________1. Federal capital assets that possess educational, cultural, or natural characteristics
________2. Claims by or against a reporting entity that arise from transactions between the entity and other reporting entities
________3. Assets that arise from transactions of the federal government or an entity of the federal government with nonfederal entities
________4. Dividing a federal appropriation into amounts that are available during specific periods
________5. Federal land other than that included in general property, plant, and equipment
________6. New budgetary authority for the period plus unobligated budgetary authority carried over from the prior period and offsetting collections, if any, plus or minus any budgetary adjustments
________7. An account used when the goods or services have been received

Correct Answer:

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1. E, 2. F...

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