Which of the Following Events Will Result in a Journal

question 17

Multiple Choice

Which of the following events will result in a journal entry being recorded in both the budgetary and proprietary accounts of a federal agency?

• A) Treasury notifies the agency that Congress passed legislation signed by the President granting budgetary authority to fund its activities.
• B) The agency places orders for goods or services.
• C) Both a and b
• D) Neither a nor b

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Definitions:

Cleavage

In geology, the tendency of crystalline materials to split along definite crystalline boundaries, creating smooth surfaces.

Hardness

A measure of a mineral's resistance to scratching, which aids in identifying minerals in field and lab settings.

Ionic

Relating to or involving ions, which are atoms or molecules with a net electric charge due to the loss or gain of one or more electrons.

Covalent

referring to chemical bonds formed by the sharing of electron pairs between atoms.