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    Business
  3. Study Set
    Accounting for Governmental
  4. Exam
    Exam 3: Governmental Operating Statement Accounts; Budgetary Accounting
  5. Question
    Which of the Following Terms Refers to an Actual Cost
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Which of the Following Terms Refers to an Actual Cost

Question 71

Question 71

Multiple Choice

Which of the following terms refers to an actual cost rather than an estimate?


A) Budget.
B) Encumbrance.
C) Expenditure.
D) Appropriation.

Correct Answer:

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