When a Computer Which Is to Be Used by an Activity

question 107

Multiple Choice

When a computer which is to be used by an activity accounted for by the General Fund of a governmental unit is received, it should be recorded in the General Fund as aan:

• A) Encumbrance.
• B) Appropriation.
• C) Expenditure.
• D) Capital asset.

---

Definitions:

Economic Factor

Refers to the various elements that influence the economy of a country, including inflation, unemployment rates, fiscal policies, and international trade.

Industry Conditions

Refers to the current state and dynamics within a specific industry, including competition, regulatory environment, and market trends.

Trade Cycles

Periodic fluctuations in economic activity characterized by phases of boom and bust, affecting international and domestic trade.

Economic Factor

An element that influences the performance, stability, and behavior of economies, markets, or individual financial entities, such as inflation or GDP growth.