All of the following statements are true concerning encumbrances, except:

	a.	Purchase commitments are recorded as encumbrances, even though they may not yet represent liabilities.
	b.	For Fund-Based Financial Statements an entry is required to record the encumbrance.
	c.	For Fund-Based Financial Statements an entry is required when the item is received.
	d.	For Government-Wide Financial Statements an entry is required to record the encumbrance.