Valid appropriation

Assignment Help Accounting Basics
Reference no: EM1362580

It is illegal for a government to spend money for any purpose unless a valid appropriation for that purpose exists. Does this legal rule assure good financial management for each government? Why or why not?

Reference no: EM1362580

Previous Q& A

  Write program that computes loan payments

Write a program that computes loan payments. The loan can be a car loan, a student loan, or a home mortgage loan. The program lets the user enter the interest rate.

  Health and wellbeing

Please choose 2 foods, (ie.Cherios-lower Cholesterol), herbs, any food or drink -that you want to talk about the supposed benefits and claims of helping our health and wellbeing by taking these.

  Show executive development training

Explain what are the specific problems that are associated with development of executives, and why does coaching seem to deal with these problems?

  Tax advantages and disadvantages

The cost of the measure is to be paid by a special tax. Although most of the townspeople believe the sea aquarium is a good idea, there is disagreement about how the tax should be levied.

  Compute the amount at the end of the year

Suppose you have been hired to run a pension fund for TelDet Corporation, a small manufacturing firm. The firm currently has $5 million in the fund and expects to have cash inflows of $2 million a year for 1st 5-years followed by cash outflows of $3 ..

  Societal values and economic goals

General Motors Corp. is the world's largest automaker and has led the auto industry worldwide in sales since 1938. GM employs over 324,000 people worldwide, with manufacturing operations in 32 countries and sales operations in 200 countries.

  Reasonable to compute rsa signature on long message

Would it be reasonable to compute an RSA signature on a long message by first finding what the message equals, mod n, and signing that?

  Nutritional consequences of lactose intolerance

Discuss the causes and possible nutritional consequences of lactose intolerance. How common is this condition?

  Accounting for nonprofit versus for-profit expenditures

Assume a nonprofit has a restricted fund for capital asset purchases. Compare the journal entries for the cash purchase of a $10,000 computer by the nonprofit, to how the journal entry would look for this for-profit.

  Explain training and career development

Show list three benefits of distance learning programs. Explain how they are beneficial to the organizations allowing their employees to partake in them.


Write a Review


Similar Q& A

  Accounting cycle for merchandising company

Determine whether or not the measurement of net income for a merchandising company conceptually is the same for a service company.

  Determining bad debt expense

Oddessy consulting has the following for year ended 12-31-09 before adjustments. Oddessy uses the net credit sales method of estimating bad debt expense. The journal entry for estimating bad debt expense at year end is:

  Performance evaluation-residual income

Williamson Group operates a chain of bookstores. A recent business expansion plan resulted in the opening of more than 25 new stores. The Upland store has one more feature that the Stowe store does not have-a small coffe shop.

  Understanding the benefits of accounting

Describe financial statements users (internal and external) . Who will benefit the most from accounting?

  Making the bank reconciliation

Prepare the bank reconciliation for Janus Jutes, Inc. dated May 31, 2009. Janus made a deposit on May 31, but this deposit did not appear on the bank statement, $1,451.

  Stacks of inventory

As Jonah wades through huge piles of the inventory and questions the team on operations, he quickly identifies the problem. Which of the implemented methods above does Jonah contribute to stacks of inventory?

  Job-order costing variables

On July 1, Job 46 had a beginning balance of $1,235. During July, prime costs added to the job totaled $560. Of that amount, direct materials were three times as much as direct labor. The ending balance of the job was $1,921.

  Taxation and research memorandum

The Pima and Southern Railroad (PSRR) is a small railroad operating in rural Arizona. It exists by carrying freight to remote areas of the southwest. This year the PSRR needs to replace a 30-mile section of its track. The PSRR has bids from a cont..

  Reported net asset balance of categories

What should be the reported net asset balance of the following categories during 2011: permanent restricted, temporarily restricted, unrestricted.

  What technique of accounting should web-browser use

What technique of accounting should Web-Browser use to account for its investment in Internet Access at 31 st December, 1998, and June 30, 1999 (i.e., cost or equity method)?

  American opportunity tax credit

Janie graduates from high school in 2012 and enrolls in college in the fall. her parents pay $4,000 for her tutiion and fees and assuming janie's parents have agi of 170,000, what is the american opportunity credit they can claim for janie?

  More collusion post sarbanes oxley act

Since the Sarbanes-Oxley Act of 2002, fraud from lack of internal controls has gone down. At the same time, collusion between employees and among third parties has increased.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd