menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Essentials of Accounting Study Set 3
  4. Exam
    Exam 5: Accounting for Other Governmental Fund Types: Capital Projects, Debt Service, and Permanent
  5. Question
    An Encumbrance in a Capital Project Fund Is Created When
Solved

An Encumbrance in a Capital Project Fund Is Created When

Question 98

Question 98

True/False

An encumbrance in a capital project fund is created when the contract for the work is signed or issued.

Correct Answer:

verifed

Verified

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

Related Questions

Q93: Net assets represented by supplies and prepaid

Q94: What is the difference between a current

Q95: All of the governmental funds except permanent

Q96: During the fiscal year ended December 31,

Q97: Capital project funds record the proceeds of

Q99: Capital Projects funds recognize expenses, but not

Q100: Governmental funds, other than the General Fund,

Q101: Capital projects funds use the financial resources

Q102: When using debt service accounting, interest on

Q103: Permanent funds may spend both earnings and

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