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  3. Study Set
    Essentials of Accounting Study Set 2
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    Exam 3: Modified Accrual Accounting: Including the Role of Fund Balances and Budgetary Authority
  5. Question
    At Year-End,budgetary Authority Expires and the Balances of Expenditures and Encumbrances
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At Year-End,budgetary Authority Expires and the Balances of Expenditures and Encumbrances

Question 25

Question 25

Multiple Choice

At year-end,budgetary authority expires and the balances of Expenditures and Encumbrances accounts are closed to


A) Fund Balance
B) Net Assets
C) Other Financing Uses
D) Other Financing Sources

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