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:

Tuckman

Refers to Bruce Tuckman's model of group development, which outlines stages such as forming, storming, norming, and performing that teams typically go through.

Developmental Stages

Specific periods in life characterized by particular patterns of behavior, thought, or development, typically associated with physical or psychological growth.

Assertiveness Skills

The ability to express one’s opinions confidently and firmly without aggression, respecting others' rights while standing up for one's own.

Group Size

The number of members within a group, affecting the group's dynamics, communication, and potential for conflict.