menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Accounting for Governmental
  4. Exam
    Exam 3: Modified Accrual Accounting: Including the Role of Fund Balances and Budgetary Authority
  5. Question
    When Recording the Budget,an Excess of Estimated Revenues Over Appropriations
Solved

When Recording the Budget,an Excess of Estimated Revenues Over Appropriations

Question 138

Question 138

True/False

When recording the budget,an excess of estimated revenues over appropriations would be credited to Budgetary Fund Balance.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q6: Modified accrual accounting records encumbrances when goods

Q52: Which of the following results in an

Q55: Define the term "Expenditure" and distinguish between

Q111: List the four eligibility requirements for a

Q113: Expenditure classification by character includes current, capital

Q133: Under GASB Statement 33 requirements for accrual

Q133: Under modified accrual accounting,property tax revenue should

Q136: Revenues,but not expense are recorded the same

Q139: Under modified accrual accounting,budgetary authority expires at

Q141: Property Taxes,special assessments,and fines and forfeits are

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines