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A Review of Park City's Books Shows the Following Information

Question 26

Multiple Choice

A review of Park City's books shows the following information: I. $2,500 of outstanding vouchers payable
II. $3,000 of outstanding purchase order amounts
Which of these amounts would you expect to see in the general fund's encumbrances account?


A) $2,500
B) $3,000
C) $5,500
D) $500

Correct Answer:

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