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Unformatted text preview: the folder for Respondus Then exit other programs except SacCT unless the lockdown browser has already closed them Then you can access the exam II. Budgetary Accounting Review 1. Annual budgets should be adopted by every state and local government Principle #10 2. The accounting system should provide the basis for budgetary control Principle #10 3. Budgetary to actual comparisons should be included in the RSI for the general fund and the special revenue funds Principle #11 4. Budgetary accounts III. Comments on Practice Exam #2 Questions IV. Comments on Financial Reporting 1. Without budgetary accounting, proper financial reporting cannot be done. 2. Review Principle #13 3. Dual track: Fund track and the government-wide track 1 4. Know about fund-government-wide track reconciliation works but not how to do it. 1 Called the governmental activities track in our text....
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- Spring '08