Federal Debt Relationship to Federal Annual Surplus Explain the relationship between federal

Federal Debt Relationship to Federal Annual Surplus

Explain the relationship between federal debt and annual yearly surpluses or deficits. Discuss the impact on interest rates and future tax burdens. Respond to at least two of your classmates’ postings.

DC 2

 Planning and Control Function

Select a government organization and discuss how they manage the planning and control function on an annual basis. Discuss how they allocate costs between operating units and why the methodology is important. Respond to at least two of your classmates’ postings.

Required Resources

Text

Ives, M., Patton, T., Patton, S. (2013). Introduction to governmental and not-for-profit accounting (7th ed.). Pearson.

Chapter 8: The Governmental Fund Accounting Cycle: Fiduciary Funds

Chapter 10: Government-Wide Financial Statements

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