The Encumbrances Outstanding Account Is Properly Termed a

question 3

Multiple Choice

The Encumbrances Outstanding account is properly termed a

• A) Long-term liability.
• B) Reservation of unassigned fund balance.
• C) Budgetary account.
• D) Current liability if paid within a year; otherwise,long-term debt.

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Definitions:

Twin Studies

Research methods used to assess genetic and environmental influences on behaviors by comparing the similarities between identical and fraternal twins.

Family Studies

An academic field that explores the dynamics, structures, and functions of families and relationships.

Adoption

The legal process by which a child's guardianship is transferred from their biological or previous legal guardians to new legal parents.

Genetics

The science of genes, heredity, and the variation of organisms, which explains how traits are passed from parents to offspring.