Question
Why is encumbrance accounting usually used in CPF? It helps the government control the expenditures Long-term debt is not recorded in these funds. the budget
Why is encumbrance accounting usually used in CPF?
It helps the government control the expenditures
Long-term debt is not recorded in these funds.
the budget ,must be recoreded in these funds
the modified acraul basis of accounting is used.
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Accounting
Authors: Charles T. Horngren, Walter T. Harrison Jr., Jo Ann L. Johnston, Carol A. Meissner, Peter R. Norwood
9th Canadian Edition volume 2
013269008X, 978-0133122855, 133122859, 978-0132690089
