Which One of the Following Statements Is False Concerning the Accounting

question 66

Multiple Choice

Which one of the following statements is false concerning the accounting for the budget in the general fund general ledger?

• A)The budgetary accounts are affected regularly as revenues and expenditures are recognized.
• B)The budgetary accounts may be adjusted during the year to reflect amendments to the budget.
• C)The budgetary accounts are closed at the end of the period.
• D)The budgetary account for expenditures is called appropriations.

---

Definitions:

Serial Processing

A cognitive process where the brain analyses information in a linear, step-by-step manner, allowing for detailed and accurate analysis of each item in sequence.

Symbol Manipulators

Symbol manipulators, in the context of cognitive science or artificial intelligence, refer to systems or devices that can alter, combine, or use symbols (representations of ideas or objects) to solve problems or perform tasks.

Parallel Processes

Parallel processes refer to the ability of the brain to process multiple information streams simultaneously, enhancing cognitive efficiency.

Serial

Pertaining to processes or operations that occur sequentially, one after the other, often used in context with information processing or serial tasks in cognitive psychology.