ACCT567 Adoption Budget Discussions

$5.00

ACCT567 Adoption Budget Discussions
How does the adoption of a budget in a governmental entity differ from the adoption…

 

SKU: ACCT 567 Adoption Budget Categories: , Tags: , ,

Description

ACCT567 Adoption Budget Discussions

ACCT567 Adoption Budget Discussions

Week 2 All Students Posts 41 Pages

How does the adoption of a budget in a governmental entity differ from the adoption of a budget by a commercial enterprise? Both businesses and governments develop budgets, however there are some unique legal aspects related to a government budget. How do government budgets relate to the law and to authorization to spend public funds? Encumbrances are also related to governmental budgeting. What is an encumbrance and what purpose do encumbrances serve?…