GAFRB 試験問題を無料オンラインアクセス

The Department of the Interior has the following costs associated with the development of a new visitor tracking system.
Research cost determining if system should be internally or externally developed $100,000 Software configuration and system development $750,000 Cost of testing the new system for fiscal usage $225,000 Converting data from old tracking system to new tracking system $500,000 How much should be capitalized as the cost of the asset?

• A.$975,000
• B.$750,000
• C.$1,575,000
• D.$1,475,000

The Federal Financial Management Improvement Act of 1996 formally recognized which of the following organizations as the standard-setting body for federal accounting and reporting standards?

• A.OMB
• B.FASAB
• C.GAO
• D.FASB

Purchase orders are issued in the amount of $427,000. The general ledger entry to record the encumbrance should be

• A.Debit Encumbrances $427,000 Credit Budgetary Fund Balance $427,000
• B.Debit Appropriations $427,000 Credit Encumbrances $427,000
• C.Debit Fund Balance $427,000 Credit Encumbrances $427,000
• D.Debit Encumbrances $427,000 Credit Expenditures $427,000

Which type of cost is generally allowed for a grant under the OMB Uniform Guidance?

• A.interest payments
• B.lobbying expenses
• C.general government expenses
• D.materials and supplies

A state grant will reimburse a city for 40% of the architectural, construction and project management costs to build an annex to a city building. A city employee, who is paid salary and benefits of 510,000 a month, works half-time on the project for six months.
The city reports the following project budgeted and actual costs:
Purpose Budget Actual
Architectural fees $ 100.000 $ 90,000
Construction costs $10,500,000 $10,000,000
Based upon the above information, what is the amount of allowable costs that the state will reimburse the city on the grant?

• A.$4.048.000
• B.$4.264.000
• C.$4.060.000
• D.$4,252,000