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Author Question: Many states and local governments are required to have a balanced budget, which means that a. the ... (Read 49 times)

jjjetplane

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  • Posts: 556
on: Jul 9, 2018
Many states and local governments are required to have a balanced budget, which means that
 
  a. the state has collected all the money it was due.
  b. revenues were higher than expected.
  c. expenditures were less than expected.
  d. revenues equal expenditures.

Question 2

A number of states have money segregated or set aside for a particular purpose. These monies are known as
 
  a. rainy day funds.
  b. general funds.
  c. dedicated funds.
  d. allotted funds.


bassamabas

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Reply #1 on: Jul 9, 2018
Answer to Question 1

d

Answer to Question 2

c


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