The purpose of encumbrance accounting is to:

a.

Avoid expenditures exceeding appropriations.

b.

Prevent government waste.

c.

Replace expense accounting in governments.

d.

Manage a government's cash flows.

Q10 :

Which of the following results in unfavorable variance:

a.

Expenditures exceeds appropriations

b.

Estimated revenues exceeds appropriations

c.

Revenues exceeds Estimated revenues

d.

Appropriations exceeds expenditures