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    Essentials of Accounting Study Set 3
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    Exam 5: Accounting for Other Governmental Fund Types: Capital Projects, Debt Service, and Permanent
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    An Encumbrance in a Capital Project Fund Is Created
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An Encumbrance in a Capital Project Fund Is Created

Question 120

Question 120

Multiple Choice

An encumbrance in a capital project fund is created


A) When the project is paid for in full.
B) When the work on the project begins.
C) When the work on the project is finished.
D) When a contract is signed or issued.

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