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Home Q & A Board Other Fields Homework Help Business Accounting
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goji.go goji.go
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Posts: 5977
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9 years ago
When the chief executive of a governmental unit submits a "balanced budget" to the legislative body, it usually means that:
      a.   the budget is balanced on the full accrual basis of accounting
      b.   the budget is balanced in accordance with generally accepted accounting principles
      c.   proposed expenditures do not exceed estimated monies available for the year
       d.   proposed expenditures do not exceed estimated tax revenues to be raised during the year
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Diesel
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Answer accepted by topic starter
f_zah1f_zah1
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#1
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9 years ago
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popop245,  TerryRuedy

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goji.go Author
wrote...
#2
9 years ago
Thanks so much f_zah1.

You were correct Smiling Face with Open Mouth
Diesel
wrote...
#3
9 years ago
You're very welcome!
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