Advanced Accounting 12th Edition by Joe Ben Hoyle,Thomas Schaefer , Timothy Doupnik

Exercise 21

At the end of the current year, a government reports a fund balance-assigned of $9,000 in connection with an encumbrance. What information is being conveyed
a. A donor has given the government $9,000 that must be used in a specified fashion.
b. The government has made $9,000 in commitments in one year that will be honored in the subsequent year.
c. Encumbrances exceeded expenditures by $9,000 during the current year.
d. The government spent $9,000 less than was appropriated.