Ask Question
BusinessBusiness
20 August, 17:20

Available"" (as in ""measurable and available"") means 1. Available to finance expenditures of the current period 2. Subject to accrual 3. Collectible 4. Available for appropriation

+2
Answers (1)
  1. 20 August, 17:48
    0
    1. Available to finance expenditure of the current period

    Explanation:

    Government Accounting is concerned with propriety i. e judicious use of resources and allocation of government funds so as to ensure efficient performance of government entities.

    Efficiency refers to input/output ratio whereas effectiveness refers to achievement of government programs.

    Government requires funds for allocation to various projects which require sanctioning by an authority.

    In the same context, the concept of "available" refers to the availability of funds to meet the current period expenditure and liabilities.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Available"" (as in ""measurable and available"") means 1. Available to finance expenditures of the current period 2. Subject to accrual 3. ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Laura is saving her money in case of an emergency. She currently has enough savings to cover her living expenses for four months. Evaluate Laura's savings.
Answers (1)
When the CEO and senior management of a books, music, and games distributor systematically evaluate the company's internal and external environment to evaluate the vision and mission and develop objectives, which aspect of strategy formulation are
Answers (1)
Torino company has 2,100 shares of $10 par value, 6.5% cumulative and nonparticipating preferred stock and 21,000 shares of $10 par value common stock outstanding. the company paid total cash dividends of $1,000 in its first year of operation.
Answers (1)
On January 1, ABC Catering purchased an oven for $5,000. The oven is expected to last five years and have no salvage value. Select the adjusting entry made on December 31, to record the depreciation of the oven for one year?
Answers (1)
Is the disparate treatment between an employee and an independent contractor a fair one?
Answers (2)
New Questions in Business
Friendly's Quick Loans, Inc., offers you "eight for ten or I knock on your door." This means you get $8 today and repay $10 when you get your paycheck in one week (or else).
Answers (1)
Shoeleather costs arise when higher inflation rates induce people to:a. spend more time looking for bargains. b. spend less time looking for bargains. c. hold more money. d. hold less money.
Answers (1)
Lewis Inc. had the following information taken from various accounts for 2015: Sales Discounts $41,000 Unearned Revenue $32,000 Total Sales $459,000 Purchase Discounts $15,000 Sales Allowances $35,000 Accounts Receivable $205,000 What was Lewis Inc.
Answers (1)
True or False: The basic economic theory of supply and demand suggests that when price drops, consumers will buy more and thus generate stronger demand.
Answers (1)
If you think carefully about what you're doing, always ask for advice when you need it, and keep asking questions, starting a business can be
Answers (2)
Home » Business » Available"" (as in ""measurable and available"") means 1. Available to finance expenditures of the current period 2. Subject to accrual 3. Collectible 4. Available for appropriation
Sign Up Forgot Password?