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    Essentials of Accounting Study Set 3
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    Exam 3: Modified Accrual Accounting: Including the Role of Fund Balances and Budgetary Authority
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    When a Computer Which Is to Be Used by an Activity
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When a Computer Which Is to Be Used by an Activity

Question 107

Question 107

Multiple Choice

When a computer which is to be used by an activity accounted for by the General Fund of a governmental unit is received, it should be recorded in the General Fund as aan:


A) Encumbrance.
B) Appropriation.
C) Expenditure.
D) Capital asset.

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