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    Essentials of Accounting Study Set 3
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    Exam 3: Modified Accrual Accounting: Including the Role of Fund Balances and Budgetary Authority
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    When Purchase Orders Are Filled and the Invoice Amount Differs
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When Purchase Orders Are Filled and the Invoice Amount Differs

Question 75

Question 75

True/False

When purchase orders are filled and the invoice amount differs from the estimated amount, the amount reversed from the encumbrance account equals the invoice amount.

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