Which of the Following Can Contribute Toward a Phantom Balance

Multiple Choice

Which of the following can contribute toward a phantom balance in an operating
budget?

A) Transfer operating expenses to the capital budget.
B) Accelerate payment of income tax refunds.
C) Issue payroll checks on June 15 rather than June 20 July 1 fiscal year start) .
D) Change the estimate of the property tax delinquency rate from 5 percent to 10 percent, to better reflect actual collection patterns.