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  3. Study Set
    Advanced Accounting Concepts and Practice
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    Exam 24: Governmental Accounting: Basic Principles and the General Fund
  5. Question
    In the New Year's Budget for "Governmental" Funds, Encumbrances Outstanding
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In the New Year's Budget for "Governmental" Funds, Encumbrances Outstanding

Question 107

Question 107

Short Answer

In the new year's budget for "governmental" funds, encumbrances outstanding at the end of the preceding year are usually ___________________________________.

Correct Answer:

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