True/False
$200,000 of unencumbered funds to be used for government operations in the future from the General Fund is an example of an unassigned fund balance.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q10: The GASB has created four "eligibility requirements"
Q11: The modified accrual basis is a distinct
Q12: An Appropriations budget is the legal authorization
Q13: Property Taxes, , and fines and forfeits
Q14: Which of the following statements is false?<br>A)
Q16: Define the term "Revenue" and distinguish between
Q17: The general ledger journal entry in the
Q18: With respect to Governmental Funds, Fund Balance
Q19: The journal entry to record a purchase
Q20: When recording the budget, an excess of