Multiple Choice
When a truck is received by a governmental unit, it should be recorded in the General Fund as a(n) :
A) appropriation.
B) encumbrance.
C) expenditure.
D) fixed asset.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q24: Which of the following is NOT a
Q25: Repayments from the funds responsible for a
Q26: The activities of a central computer facility
Q27: The following activities and transactions are typical
Q28: One of the differences between accounting for
Q29: Encumbrances would NOT appear in which fund?<br>A)
Q30: A city should record depreciation as an
Q31: Revenues of a special revenue fund of
Q32: Which of the following funds would account
Q34: The following transactions take place:<br>1. On January