Which of the Following Statements Is False

question 51

Multiple Choice

Which of the following statements is false?

• A) Resources representing supplies and prepaid items are classified in governmental funds as Nonspendable Fund balance.
• B) Capital Projects, debt service and permanent funds do not typically record budgets.
• C) Debt service and permanent funds do not record encumbrances.
• D) Principal of permanent funds is classified as Committed Fund Balance

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A state or mode in software applications that allows users to modify, insert, or delete text or data.

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State of a database or application where data can be modified or entered.

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A representation of data in rows and columns, commonly used in spreadsheets and databases to organize information.

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