Explain whether the account code structure for the employed by City L and also specify the manner by which the structure appear consistent with the expenditure classifications required by GASB standards and also indicate whether more detailed expenditure classification is desired.

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Answer 1

Question

Chapter 3, Problem 24EP

a.

To determine

Explain whether the account code structure for the employed by City L and also specify the manner by which the structure appear consistent with the expenditure classifications required by GASB standards and also indicate whether more detailed expenditure classification is desired.

b.

To determine

Provide the likely reason for having no outstanding encumbrances for the Personnel Services, Conferences and Training and Utilities accounts.

c.

To determine

Identify whether the Culture and Recreation department has overexpend its appropriation for any of the accounts before the end of the fiscal year 2016 and also specify the accounts that may run in short due to the appropriation.

d.

To determine

Identify whether the Culture and Recreation department has under-expend its appropriation for any of the accounts before the end of the fiscal year 2016 and also specify the accounts that may have excessive spending authority.

e.

To determine

Provide the factors that explain the expenditure patterns observed in the requirement c and d.

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Answer 2

Question

Chapter 3, Problem 24EP

a.

To determine

Explain whether the account code structure for the employed by City L and also specify the manner by which the structure appear consistent with the expenditure classifications required by GASB standards and also indicate whether more detailed expenditure classification is desired.

b.

To determine

Provide the likely reason for having no outstanding encumbrances for the Personnel Services, Conferences and Training and Utilities accounts.

c.

To determine

Identify whether the Culture and Recreation department has overexpend its appropriation for any of the accounts before the end of the fiscal year 2016 and also specify the accounts that may run in short due to the appropriation.

d.

To determine

Identify whether the Culture and Recreation department has under-expend its appropriation for any of the accounts before the end of the fiscal year 2016 and also specify the accounts that may have excessive spending authority.

e.

To determine

Provide the factors that explain the expenditure patterns observed in the requirement c and d.

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Answer 3

Question

Chapter 3, Problem 24EP

a.

To determine

Explain whether the account code structure for the employed by City L and also specify the manner by which the structure appear consistent with the expenditure classifications required by GASB standards and also indicate whether more detailed expenditure classification is desired.

b.

To determine

Provide the likely reason for having no outstanding encumbrances for the Personnel Services, Conferences and Training and Utilities accounts.

c.

To determine

Identify whether the Culture and Recreation department has overexpend its appropriation for any of the accounts before the end of the fiscal year 2016 and also specify the accounts that may run in short due to the appropriation.

d.

To determine

Identify whether the Culture and Recreation department has under-expend its appropriation for any of the accounts before the end of the fiscal year 2016 and also specify the accounts that may have excessive spending authority.

e.

To determine

Provide the factors that explain the expenditure patterns observed in the requirement c and d.

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Answer 4

Question

Chapter 3, Problem 24EP

a.

To determine

Explain whether the account code structure for the employed by City L and also specify the manner by which the structure appear consistent with the expenditure classifications required by GASB standards and also indicate whether more detailed expenditure classification is desired.

b.

To determine

Provide the likely reason for having no outstanding encumbrances for the Personnel Services, Conferences and Training and Utilities accounts.

c.

To determine

Identify whether the Culture and Recreation department has overexpend its appropriation for any of the accounts before the end of the fiscal year 2016 and also specify the accounts that may run in short due to the appropriation.

d.

To determine

Identify whether the Culture and Recreation department has under-expend its appropriation for any of the accounts before the end of the fiscal year 2016 and also specify the accounts that may have excessive spending authority.

e.

To determine

Provide the factors that explain the expenditure patterns observed in the requirement c and d.

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Answer 5

Chapter 3, Problem 24EP

a.

To determine

Explain whether the account code structure for the employed by City L and also specify the manner by which the structure appear consistent with the expenditure classifications required by GASB standards and also indicate whether more detailed expenditure classification is desired.

b.

To determine

Provide the likely reason for having no outstanding encumbrances for the Personnel Services, Conferences and Training and Utilities accounts.

c.

To determine

Identify whether the Culture and Recreation department has overexpend its appropriation for any of the accounts before the end of the fiscal year 2016 and also specify the accounts that may run in short due to the appropriation.

d.

To determine

Identify whether the Culture and Recreation department has under-expend its appropriation for any of the accounts before the end of the fiscal year 2016 and also specify the accounts that may have excessive spending authority.

e.

To determine

Provide the factors that explain the expenditure patterns observed in the requirement c and d.

Answer 6

Chapter 3, Problem 24EP

a.

To determine

Explain whether the account code structure for the employed by City L and also specify the manner by which the structure appear consistent with the expenditure classifications required by GASB standards and also indicate whether more detailed expenditure classification is desired.

Answer 7

Chapter 3, Problem 24EP

a.

To determine

Explain whether the account code structure for the employed by City L and also specify the manner by which the structure appear consistent with the expenditure classifications required by GASB standards and also indicate whether more detailed expenditure classification is desired.

Answer 8

b.

To determine

Provide the likely reason for having no outstanding encumbrances for the Personnel Services, Conferences and Training and Utilities accounts.

Answer 9

b.

To determine

Provide the likely reason for having no outstanding encumbrances for the Personnel Services, Conferences and Training and Utilities accounts.

Answer 10

c.

To determine

Identify whether the Culture and Recreation department has overexpend its appropriation for any of the accounts before the end of the fiscal year 2016 and also specify the accounts that may run in short due to the appropriation.

Answer 11

c.

To determine

Identify whether the Culture and Recreation department has overexpend its appropriation for any of the accounts before the end of the fiscal year 2016 and also specify the accounts that may run in short due to the appropriation.

Answer 12

d.

To determine

Identify whether the Culture and Recreation department has under-expend its appropriation for any of the accounts before the end of the fiscal year 2016 and also specify the accounts that may have excessive spending authority.

Answer 13

d.

To determine

Identify whether the Culture and Recreation department has under-expend its appropriation for any of the accounts before the end of the fiscal year 2016 and also specify the accounts that may have excessive spending authority.

Answer 14

e.

To determine

Provide the factors that explain the expenditure patterns observed in the requirement c and d.

Answer 15

e.

To determine

Provide the factors that explain the expenditure patterns observed in the requirement c and d.

Answer 16

Expert Solution & Answer

Answer 17

Expert Solution & Answer

Answer 18

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Answer 19

Ch. 3 - Prob. 1Q Ch. 3 - Prob. 2Q Ch. 3 - Prob. 3Q Ch. 3 - Prob. 4Q Ch. 3 - Explain the essential differences between revenues...Ch. 3 - Prob. 6Q Ch. 3 - Prob. 7Q Ch. 3 - Prob. 8Q Ch. 3 - Prob. 9Q Ch. 3 - Prob. 10Q

Explain whether the account code structure for the employed by City L and also specify the manner by which the structure appear consistent with the expenditure classifications required by GASB standards and also indicate whether more detailed expenditure classification is desired.

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Explain whether the account code structure for the employed by City L and also specify the manner by which the structure appear consistent with the expenditure classifications required by GASB standards and also indicate whether more detailed expenditure classification is desired.

Provide the likely reason for having no outstanding encumbrances for the Personnel Services, Conferences and Training and Utilities accounts.

Identify whether the Culture and Recreation department has overexpend its appropriation for any of the accounts before the end of the fiscal year 2016 and also specify the accounts that may run in short due to the appropriation.

Identify whether the Culture and Recreation department has under-expend its appropriation for any of the accounts before the end of the fiscal year 2016 and also specify the accounts that may have excessive spending authority.

Provide the factors that explain the expenditure patterns observed in the requirement c and d.

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