Which of the Following Should Not Be Accrued as Expenditures

question 14

Multiple Choice

Which of the following should not be accrued as expenditures in a governmental fund at year end?

• A) Salaries earned by employees but not paid.
• B) Repair work performed by contractors, but not completed.
• C) Interest incurred on short-term debt, but not yet due.
• D) Interest incurred on long-term debt, but not yet due.

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Definitions:

Causes

The reasons or motivations behind an event or action; the factors that bring something about.

Puritans' Religious Ideas

The religious doctrines and beliefs of the Puritans, emphasizing the sovereignty of God, the importance of personal piety, and the value of a moral community.

Massachusetts Bay Colony

A colonial settlement established by the English Puritans near present-day Boston in 1630.

Virginia Colony

The first permanent English settlement in North America, founded in 1607, serving as a key location for colonial expansion and the development of American society.