Multiple Choice
The amount that Park Ridge would report for expenditures and encumbrances, if applicable in its 2017 General Fund Statement of Revenues, Expenditures, and Changes in Fund Balances GAAP Basis would be:
A) $600,000.
B) $16,200,000.
C) $16,800,000.
D) Not enough information is provided to calculate the solution.
Correct Answer:
Verified
Correct Answer:
Verified
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