Quiz #3 – Chapter 3
Select the best answer
1. Appropriation budgets are typically concerned with
a. The details of appropriated expenditures
b. Long term revenues and expenditures ‐
c. Current operang revenues and expenditures
d. Capital outlays
2. Which of the following types of budgets would be most likely to include a line item “purchase of
supplies”?
a. Object classi caon
b. Performance
c. Capital
d. Program
3. Per GASB Statement No. 34, a budget to actual comparison must include columns for the actual ‐ ‐
results and
a. The original budget only
b. The final budget only
c. Both the original and the nal budget
d. Both the amended and the final budget
4. Apportionments are made during which phase of the budget cycle?
a. Preparation
b. Legislative adoption and executive approval
