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The amount that can be used only for a specific purpose determined by a legislation...

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Question

Accounting

The amount that can be used only for a specific purpose determined by a legislation of the governments highest decision-making authority is called:

a-Unrestricted fund balance

b-Non spendable fund balance

c-Committed fund balance

d-Assigned fund balance

2-Which one of the following is categorized under current operating appropriations of a government budget?

a-Licenses and permits

b-Debt service

c-Public safety

d-Taxes

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