menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Advanced Financial Accounting Study Set 2
  4. Exam
    Exam 17: Governmental Entities: Introduction and General Fund Accounting
  5. Question
    A Budgetary Fund Balance - Assigned in Excess of a Balance
Solved

A Budgetary Fund Balance - Assigned in Excess of a Balance

Question 28

Question 28

Multiple Choice

A budgetary fund balance - assigned in excess of a balance of encumbrances indicates


A) A recording error.
B) An excess of vouchers payable over encumbrances.
C) An excess of purchase orders over invoices received.
D) An excess of appropriations over encumbrances.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q6: Which of the following items should not

Q12: In a statement of revenues,expenditures,and changes in

Q23: Which of the following observations concerning encumbrances

Q24: The following information was obtained from the

Q26: What is the correct sequence in the

Q27: The following information pertains to property taxes

Q32: Which governmental fund includes resources that are

Q32: Albee Township's fiscal year ends on June

Q44: All of the following are elements of

Q71: At any time,the remaining appropriating authority available

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines