General revenues fund budget is a budget for a nondedicated revenue account that functions as the state's primary operating fund.
A general fund is defined as general purpose and restricted revenues in finance, it is reflected as the major share of the state
Answer:
.B) limited resources to satisfy virtually unlimited wants.
Explanation:
The resources at our disposal is limited while our wants are unlimited.
For example, the money in my account (resources) is not enough to buy All The things I would like to have (wants).
I hope my answer helps you
Answer:
Net cash used in operating activities = $20,900
Explanation:
There is a prescribed treatment of increase in current assets and current liabilities, if there is any increase in current assets such increase is deducted from operating cash flow,
and any decrease in current liabilities is added as a step to calculate cash flow from operating activities.
Therefore with this we have
Net Operating cash Flow
Less: Increase in current assets = ($22,000)
Add: Decrease in Current Liabilities = $1,100
Net cash used in operating activities = $20,900