Multiple Choice
The amount that Park Ridge would report for expenditures (and encumbrances, if applicable) in its 2007 General Fund Statement of Revenues, Expenditures and Changes in Fund Balances (GAAP Basis) would be:
A) $11,400,000
B) $11,800,000
C) $11,900,000
D) $12,300,000
Correct Answer:
Verified
Correct Answer:
Verified
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