Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 30, 2024

For state and local governmental units, generally accepted accounting principles require that encumbrances outstanding at year - end be reported as: A . Expenditures. B

For state and local governmental units, generally accepted accounting principles require that encumbrances outstanding at year

-

end be reported as: A

.

Expenditures. B

.

A component of committed or assigned fund balance. c

.

Restricted fund balance. D

.

A disclosure only.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Principles And Theory Of Oil And Gas Accounting

Authors: U. E. Etowa, J. O. Udoayang

1st Edition

1387068229, 978-1387068227

More Books

Students also viewed these Accounting questions

Question

★★★★★

Refer to Exercise 8.S.6. (a) Compare the habitats using a sign test at Î± = 0.10. Use a non directional alternative. (b) Use the binomial formula to calculate the exact P-value for part...

Answered: 1 week ago

Question

★★★★★

If you learned that a person in your class was transsexual, what could you do to make that person feel more accepted?

Answered: 1 week ago

Question

★★★★★

' Choose one central and one supportive unit represented on the organization chart. Based on what you see in the chart, what power differences would you expect to see when comparing the two units?...

Answered: 1 week ago

Question

★★★★★

Pink Martini Corporation is projecting a cash balance of $31,000 in its December 31, 2009, balance sheet. Pink Martinis schedule of expected collections from customers for the first quarter of 2010...

Answered: 1 week ago

Question

★★★★★

23. thank u East Point Retail, Inc, sells apparel through company-owned retail stores. Financial information for East Point follows (in thousands): Assume the apparel industry averape return on total...

Answered: 1 week ago

Question

★★★★★

Help Save &Exit Check myw Total Per Unit 320,000 20 Sales Variable expenses Contribution margin Fixed expenses 224,000 96,000 72,600 $ 23,400 14 Net operating income Required: 1. What is the monthly...

Answered: 1 week ago

Question

★★★★★

Problem Two: JC Bikes has the following transactions during May. 1. Analyze and record the transactions of JC Bikes, assuming the company uses a perpetual inventory system. May 2 Purchases bikes on...

Answered: 1 week ago

Question

★★★★★

A lab cart moves according to the velocity-time graph shown below. The positive direction is to the right. In a clear, coherent, paragraph-length response, describe how the cart moves and how the...

Answered: 1 week ago

Question

★★★★★

Complete the code in ArrMin.asm . Inputs: R1 contains the RAM address of the first element in the array and the R2 contains the length of the array. Output: Final answer to R0. Write 7 test cases...

Answered: 1 week ago

Question

★★★★★

Problem 1 60.0 points possible (graded, results hidden) Consider the Poisson regression model Po (exi). Yi = Write z = i=1 xiyi and Ai = exp (oxi). (1) What is the expression for the log likelihood...

Answered: 1 week ago

Question

★★★★★

Use point plotting to graph the plane curve described by the given parametric equations. Use arrows to show the orientation of the curve corresponding to increasing values of t x(t)=1+12, y(t)=2;...

Answered: 1 week ago

Previous Question Next Question