Discussion Board
Based on what we learned from this Learning Activities, respond to the following in a minimum of 175 words:
a) What does it mean when there is a relative tax burden?
b) What characteristics of expenditures distinguish them from expenses in the financial accounting sense?
c) Why are special items sometimes referred to as one-shot revenues? How are special items reported in government financial statements?
d) Why would a general fund have a portion of its fund balance reserved? How is this portion different from other money in the fund?
The response must include a reference list. Using one-inch margins, double-space, Times New Roman 12 pnt font and APA style of writing and citations.