--%>
Assignment Help - homework help

Describe Section 1.50

Section 1.50: It is a section of the Budget Act which

A) Identifies a certain style and format for the codes employed in the Budget Act,

B) Authorizes the Department of Finance to amend codes employed in the Budget Act in order to give compatibility with the Governor’s Budget and records of State Controller’s Office, and

C) Authorizes the Department of Finance to amend the schedule of an appropriation in the Budget Act for technical modifications which are consistent with legislative intent. Illustrations of such technical modifications to the schedule of an appropriation comprise the removal of amounts payable, the distribution of administration costs, distribution of unscheduled amounts to programs or class, and the augmentation of reimbursement amounts whenever the Legislature has accepted the budget for the department giving the reimbursement.

   Related Questions in Finance Basics

  • Q : Distinguish among refinancing debt and

    Normal 0 false false

  • Q : Problem on tax and spend at possible

    Normal 0 false false

  • Q : Explain Planning Estimate Planning

    Planning Estimate (PE): A document employed to record and monitors those present and budget year expenditure adjustments comprising budget change proposals accepted for inclusion in the Governor's Budget. PEs is broken down by department, character, f

    		•
  • Q : Define Sponsor Sponsor : It is an

    Sponsor: It is an individual, group, or organization which initiates or brings to a Legislator's attention a proposed law modification.

    		•
  • Q : What are Tax Expenditures Tax

    Tax Expenditures: The subsidies offered via the taxation systems by generating deductions, credits and exclusions of certain kinds of income or expenditures which would otherwise be taxable.

    		•
  • Q : Influence of opportunity costs How do

    How do opportunity costs influence the capital budgeting decision-making procedure? Opportunity costs reflect the foregone benefits of alternative not selected when a capital budgeting project is chosen. Any decrease in the cash flows of the fi

    		•
  • Q : How would the market price of a bond be

    All other things held constant, how would the market price of a bond be influenced if coupon interest payments were made semiannually rather than annually?Most of bonds issued in the United States pay interest semiannually (twice per year). Alo

    		•
  • Q : Debit or credit Hi this is Shailender

    Hi this is Shailender Ojha i want to know when we receive the sales where we put the sales. in debit or credit column . could you please let me know.

    		•
  • Q : Describe proprietorship-partnership and

    Briefly describe the terms proprietorship, partnership, and corporation.A proprietorship is a business owned by one person. Two or more people who join together to develop a business make up a partnership. It can be done on an inf

    		•
  • Q : Explain Overhead Overhead : Those

    Overhead: Those elements of cost essential in the production of an article or the performance of a service that are of such a nature which the amount applicable to the product or service can’t be determined directly. Generally they relate to tho

    		•