Federal Government Funds
Federal government accounting uses two broad groups of funds: the federal funds group and the trust funds group.
Read more about this topic: Fund Accounting
Famous quotes containing the words federal government, federal and/or government:
“I am willing to pledge myself that if the time should ever come that the voluntary agencies of the country together with the local and state governments are unable to find resources with which to prevent hunger and suffering ... I will ask the aid of every resource of the Federal Government.... I have the faith in the American people that such a day will not come.”
—Herbert Hoover (1874–1964)
“Newsmen believe that news is a tacitly acknowledged fourth branch of the federal system. This is why most news about government sounds as if it were federally mandated—serious, bulky and blandly worthwhile, like a high-fiber diet set in type.”
—P.J. (Patrick Jake)
“The government will support you to the utmost of its ability, which is neither more nor less than it has done and will do for all commanders.”
—Abraham Lincoln (1809–1865)