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June 25, 2021

What does it mean when there is a relative tax burden?

General Questions

Based on what we learned from this weeks Learning Activities, respond to the following in a minimum of 175 words:

What does it mean when there is a relative tax burden?
What characteristics of expenditures distinguish them from expenses in the financial accounting sense?
Why are special items sometimes referred to as one-shot revenues? How are special items reported in government financial statements?
Why would a general fund have a portion of its fund balance reserved? How is this portion different from other money in the fund?

Need in APA format and 1 reference

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