Q19:

The revenue account of a governmental unit is increased when:

a.

Property taxes are recorded

b.

Appropriation are recorded

c.

The budget is recorded

d.

The encumbrances account is decreased

Q20:

In approving the budget of the City of Troy, the city council appropriated an amount less than expected revenues, what will be the result of this action

a.

A necessity for compensatory offsetting action in the debt service fund

b.

An increase in outstanding encumbrances by the of the fiscal year

c.

A credit to budgetary fund balance

d.

A debit to budgetary fund balance