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    Business
  3. Study Set
    Accounting for Governmental
  4. Exam
    Exam 3: Governmental Operating Statement Accounts; Budgetary Accounting
  5. Question
    At the End of the Fiscal Year Encumbrances Is Closed
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At the End of the Fiscal Year Encumbrances Is Closed

Question 66

Question 66

True/False

At the end of the fiscal year Encumbrances is closed to Budgetary Fund Balance with a credit.

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