Author Question: Which of the following does not account for the differences between budgetary resources used by a ... (Read 53 times)

Beheh · **on:** Jul 5, 2018

Which of the following does not account for the differences between budgetary resources used by a Federal agency and the agency's net cost of operations?

a. depreciation of equipment acquired in a previous year
b. requisitions for supplies needed but not ordered
c. supplies received during the year but not used
d. accrual of a liability that had not been funded

Question 2

Under the ___________________ _ principle, assets are recorded at their actual cost, and this cost remains on the books as long as the business owns an asset.
Fill in the blank(s) with correct word