LaTonia Williamson acc410 week 1

LaTonia Williamson acc410 week 1 - LaTonia Williamson 1-2...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: LaTonia Williamson 1-2 1. B 2. B 3. D 4. B 5. A 6. C 7. C 8. B 9. A 10. B 1-3 I am not sure if this is right but I took a shot at it, so here goes. 1. $7.4 million amount of tax revenue that is required to collect 2. $6.5 million 3. $17.4 million 4. Interperiod equity is defined as the extent to which current revenues are sufficient to pay for current year services (as opposed to whether the costs of current year services are being shifted to future years or were paid in past years.) I think that they have the right idea to increase taxes to promote the balance of the budget and keep the interperiod equity. I would recommend buying the equipment in different years so that the tax increase would not be so drastic for the citizens but the county would still be able to purchase the equipment that they need 1-4 Since the first goal is budgetary compliance (demonstrate that resources were obtained and used in accordance with the entities legally adopted budget; it should demonstrated compliance with other...
View Full Document

Page1 / 2

LaTonia Williamson acc410 week 1 - LaTonia Williamson 1-2...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online