Department of Revenue Financial-Compliance Audit for the Two Fiscal Years Ended .. 1988
The book Department of Revenue Financial-Compliance Audit for the Two Fiscal Years Ended .. 1988 was written by author Montana. Legislature. Office of the Legislative Auditor Here you can read free online of Department of Revenue Financial-Compliance Audit for the Two Fiscal Years Ended .. 1988 book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is Department of Revenue Financial-Compliance Audit for the Two Fiscal Years Ended .. 1988 a good or bad book?
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These include Expendable Trust Funds and Nonexpendable Trust Funds. Activities in this fund include the Permanent Coal and Resource Indemnity Trust funds. B. Basis of Accounting The Department of Revenue uses the modified accrual basis of accounting, which is described in the Montana Operations Manual, for governmental funds and expendable trust funds. 20 Under the modified accrual basis of accounting, a valid obligation exists when the related liability is incurred except for the following ite...ms which are also considered valid obligations under state accounting policy. - If the appropriation provided funds to complete a given project, the entire amount of a contract may be accrued even though the services are rendered in fiscal years subsequent to the fiscal year in which the expenditure is accrued. - The anticipated cost of equipment is expensed in the fiscal year in which budgeted. - Goods ordered, but not received as of the fiscal year-end, may be accrued if the purchase order was issued in the fiscal year in which the anticipated expenditure is to be accrued.
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