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Question 14 Not yet answered Marked out of 2 Expenditures of a governmental fund should be re cognized: Select one: P Flag question a. Only

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Question 14 Not yet answered Marked out of 2 Expenditures of a governmental fund should be re cognized: Select one: P Flag question a. Only when paid in cash b. At the end of the current fiscal year if the iability will be paid within five years. c. When incurred, if payable from currently available resources of the fund. d. When assets are consumed, never when purchased Next You 8 The unassigned fund balance of the General Fund will be increased by the closing entry when: out of 2Select one: e questiona O a. Appropriations are more than expenditures and vouchers payable. b. Appropriations are less than estimated revenues. c. Appropriations are more than expenditures and encumbrances. d. Appropriations are less than expenditures and encumbrances. uestion 10 Not yet answered Marked out of 2 Which of the following accounts of a governmental unit is debited when supplie previously ordered are received? Select one: ?Flag question 0 a. Encumbrances. b. Vouchers Payable. Next

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