Internet Exercise #1

The State of Rhode Island publishes its budget and the supporting information at www.budget.state.ri.us/index.htm. Access the budget and answer the following:

• What are the duties of the budget office? (Hint: Use the Primer link.)
• What are the six governmental functions listed in the budget? For the most recent year, calculate the percentage of the total budget allocated to each function. If possible, compare the most recent percentage breakdown with that of the prior year.
• What are the major sources of Rhode Island's revenues? Calculate the percentage which each category represents of the total revenues.
• What is the accounting basis used in the preparation of the budget? (Hint: Use the Primer link and scroll down until you see the Budget Basis section.)
• The budget mentions four categories of program performance measures. List them, and briefly describe how they are used in Rhode Island. (Hint: Use the Primer link and scroll down until you see the Program Performance Measures section.)
• What did you learn from reviewing the most recent budget of the State of Rhode Island?

Internet Exercise #2

Perform an Internet search using the term, self-imposed budget. Select and read a case study or article from the results of your search. (Make sure that you do not select an instructor's lecture notes or a class assignment from the results of your search.) Then, write a brief paper (3 - 5 paragraphs) that summarizes the case study or article. (Your paper should provide the appropriate citation. If necessary, you may wish to refer to the following website, which includes information about citations: http://www.cod.edu/library/research/citenet.htm.)

Internet Exercise #3

Perform an Internet search using the term, responsibility accounting. Select and read a case study or article from the results of your search. (Make sure that you do not select an instructor's lecture notes or a class assignment from the results of your search.) Then, write a brief paper (3 - 5 paragraphs) that summarizes the case study or article. (Your paper should provide the appropriate citation. If necessary, you may wish to refer to the following website, which includes information about citations: http://www.cod.edu/library/research/citenet.htm.)