For most state and local governments,the budget,when adopted according to procedures specified by state laws,is binding upon the administrators of a governmental unit.
Correct Answer:
Verified
Q31: Permanent funds can be either a governmental
Q44: Governmental funds include:
A) Special revenue funds
B) Internal
Q47: A government may have two or more
Q48: Depreciation on capital assets is included as
Q48: The "Hierarchy of GAAP" is established by
Q49: The GASB sets accounting standards for all
Q51: According to GASB standards relating to Budgetary
Q52: The term "proprietary funds" applies to:
A) enterprise
Q54: According to GASB standards relating to Budgetary
Q54: Which of the following is a fiduciary
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