Which of the following situations will increase a governmental units fund balance at the fiscal year-end? a.
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Which of the following situations will increase a governmental unit’s fund balance at the fiscal year-end?
a. Appropriations are less than expenditures and budgetary fund balance assigned for encumbrances.
b. Appropriations are less than expenditures and encumbrances.
c. Appropriations are more than expenditures and encumbrances.
d. Appropriations are more than estimated revenue.
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Related Book For
Advanced Financial Accounting
ISBN: 9781260165111
12th Edition
Authors: Theodore Christensen, David Cottrell, Cassy Budd
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