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Encumbrance Accounts Need Not Be Closed at Year-End If the Government

question 13

True/False

Encumbrance accounts need not be closed at year-end if the government is required or intends to honor the encumbrances outstanding at year-end.


Definitions:

Extensor Carpi Ulnaris

A muscle of the forearm that extends and adducts the wrist.

Lateral Hamstring

Refers to the biceps femoris, one of the three muscles at the back of the thigh involved in knee flexion and thigh extension.

Biceps Femoris

A muscle of the posterior thigh that is part of the hamstrings group, involved in knee flexion and thigh extension.

Semitendinosus

A muscle located in the back of the thigh, part of the hamstrings group, involved in flexing the knee and extending the hip.

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