Which of the Following Can Contribute Toward a Phantom Balance

question 4

Multiple Choice

Which of the following can contribute toward a phantom balance in an operating
budget?

• A) Transfer operating expenses to the capital budget.
• B) Accelerate payment of income tax refunds.
• C) Issue payroll checks on June 15 rather than June 20 July 1 fiscal year start).
• D) Change the estimate of the property tax delinquency rate from 5 percent to 10 percent, to better reflect actual collection patterns.

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Definitions:

Fetal Pulmonary Trunk

A vessel in the developing fetus that carries blood from the right ventricle of the heart to the lungs.

Ligamentum Arteriosum

A small ligament that is the remnant of the ductus arteriosus formed within three weeks after birth, connecting the pulmonary artery to the proximal descending aorta.

Fetal Aorta

The primary artery in the fetus that carries oxygenated blood from the heart to various parts of the body, evolving from the embryonic heart.

Axillary Artery

A major blood vessel that carries oxygenated blood to the lateral aspect of the thorax, the axilla (armpit), and the upper limb.