When Supplies Ordered for Use in an Activity Accounted for in the General

question 68

Multiple Choice

When supplies ordered for use in an activity accounted for in the General Fund are received at an actual price that is more than the estimated price on the purchase order, the Encumbrance account is:

• A) Debited for the estimated price on the purchase order.
• B) Credited for the estimated price on the purchase order.
• C) Debited for the actual price for the supplies received.
• D) Credited for the actual price for the supplies received.

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Definitions:

Heterozygous

A genetic condition where an individual has two different alleles at a specific locus on a chromosome, resulting in a mixture of genetic information for a particular trait.

Achromatopsia

Achromatopsia is a rare, non-curable eye condition characterized by total color blindness, visual acuity loss, and light sensitivity due to the absence or malfunction of cone cells in the retina.

Color-blindness

A deficiency in the way someone sees color, making it difficult to distinguish between certain colors.

Dominant

In genetics, a term to describe the ability of an allele for a trait to mask the presence of another allele.