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    Advanced Financial Accounting Study Set 4
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    Exam 17: Governmental Entities: Introduction and General Fund Accounting
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    The General Ledger of Broadway Contains the Following Selected Account
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The General Ledger of Broadway Contains the Following Selected Account

Question 3

Question 3

Multiple Choice

The general ledger of Broadway contains the following selected account balances:
Broadway wants to order additional goods and services before the fiscal year end.What is the unencumbered balance of the budget that may be expended by Broadway?


A) $850,000
B) $760,000
C) $180,000
D) $130,000

Correct Answer:

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