Question
The General Fund had estimated Compensated Absences of $120,000 at December 31, 2011 and $95,000 at December 31, 2012. Reconciling from change in fund balance
The General Fund had estimated Compensated Absences of $120,000 at
December 31, 2011 and $95,000 at December 31, 2012.
Reconciling from change in fund balance to change in Net Position of
Governmental Activities on the GovernmentWide financial statements for
2012 would result in:
A. $95,000 decrease C. $25,000 decrease
B. $95,000 increase D. $25,000 increase
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Financial Accounting Fundamentals With Connect Plus
Authors: John Wild
4th Edition
77785932, 978-0077785932
