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    Essentials of Accounting Study Set 2
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    Exam 3: Modified Accrual Accounting: Including the Role of Fund Balances and Budgetary Authority
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    Which of the Following Is a Decrease in Fund Financial
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Which of the Following Is a Decrease in Fund Financial

Question 6

Question 6

Multiple Choice

Which of the following is a decrease in fund financial resources other than through interfund transfers?


A) Expenditure
B) Expense
C) Encumbrance
D) Liability

Correct Answer:

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