Author: Anonymous

Adam Smith’s pursuit of self-interest is:

What are two (2) disadvantages to being a social animal?

List the following taxonomic categories from the most specific to the most general: species, genus, domain, family, class, kingdom, phylum, order.

Dental plaque is an example of

A newly hatched duck adopts the first large, moving object it sees as its mother. This is an example of

Honeybees will sting a bear that is robbing their hive even though the bees will die after they sting the bear. This is an example of

 The City of Aurora increased its revenue budget by $75,000 and the appropriation for the Public Works Department was increased by $100,000.  What is the journal entry to record this event in the General Fund? A. Estimated Revenues         75,000      Fund Balance-unassigned  25,000                     Appropriations            l             100,000 B. Appropriations                 100,000            Estimated Revenues                                              75,000            Budgetary Fund Balance                                         25,000 C. Estimated Revenues              75,000      Budgetary Fund Balance       25,000        Appropriations                                                           100,000 D. Estimated Revenues              75,000                          Appropriations                                        75,000

Which of the following best describes the recommended format for the government-wide statement of activities? A. Program revenues minus expenses minus other revenues and expenses equals change in net position. B. Program revenues plus general revenues minus expenses equals change in net position. C. Program revenues minus expenses plus general revenues equals change in net position. D. Expenses minus program revenues plus general revenues equals change in net position.

When the budget for the General Fund is recorded, the required journal entry will include: A. A credit to Estimated Revenues. B. A debit to Encumbrances. C. A credit to Appropriations. D. A credit to Fund Balance.

The County Commission of Seminole County adopted its General Fund budget for the year ending June 30, comprising estimated revenues of $13,200,000 and appropriations of $12,900,000. Seminole County utilizes the budgetary accounts required by GASB standards. The journal entry to record budgeted appropriations will include: A. A credit to Appropriations, $12,900,000. B. A credit to Encumbrances, $12,900,000. C. A debit to Estimated Expenditures, $12,900,000. D. A credit to Budgetary Fund Balance, $12,900,000.