Discussion Post I: 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.
Discussion Post II: 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.
The response must include a reference list. Using Times New Roman 12 pnt font, double-space, one-inch margins, and APA style of writing and citations.
Textbook:Ives, M., Patton, T., Patton, S. (2013). Introduction to governmental and not-for-profit accounting (7th ed.). Pearson.
a) Chapter 8: The Governmental Fund Accounting Cycle: Fiduciary Funds
b) Chapter 10: Government-Wide Financial Statements
c) The full-text version of this ebook is available in your online classroom through the VitalSource platform.