What does it mean when there is a relative tax burden

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What does it mean when there is a relative tax burden? What characteristics of expenditures distinguish them from expenses in the financial accounting sense?

Why are special items sometimes referred to as one-shot revenues? How are special items reported in government financial statements?

Why would a general fund have a portion of its fund balance reserved? How is this portion different from other money in the fund?

Reference no: EM133048609

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