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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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    The Purpose of an Encumbrance Is to Prevent Governments From
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The Purpose of an Encumbrance Is to Prevent Governments From

Question 24

Question 24

Multiple Choice

The purpose of an encumbrance is to prevent governments from:


A) Overriding Unauthorized Contracts
B) Spending in Excess of the Amounts Authorized
C) Revising the Approved Budget
D) Misappropriating Tax Revenues

Correct Answer:

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