Assignment
Review the 17-14 case in Ch. 17 from Accounting for Governmental & Nonprofit Entities.
1. What are the amounts of the total budget deficit and net operating cost for the three most recent fiscal years?
2. How do these two measures of federal government fiscal health differ?
3. For the most recent fiscal year, identify the five largest components of the net cost of operations of the U.S. Government.
4. What is the projected trend in surplus or deficit for future years? Which component of net cost is expected to grow the fastest in future years?
Format your assignment according to the give formatting requirements:
1. The answer must be double spaced, typed, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also includes a cover page containing the title of the assignment, the course title, the student's name, and the date. The cover page is not included in the required page length.
3. Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.
Attachment:- Case-17-14.rar