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At the End of the 2017 Fiscal Year the General

question 70

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At the end of the 2017 fiscal year the General Fund had $500 in encumbrances that remained opened into fiscal year 2018.In 2018 the encumbered goods were received at an invoiced cost of $520.How much would be recorded as the 2018 expenditure?


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A group of statements enclosed by brackets or delimited in some way that are executed together.

Selection Statement

Part of programming languages used to decide which actions to execute based on whether a condition is true or false, commonly seen as if-else or switch statements.

Arithmetic Expression

A combination of operands (variables, literal values, or function returns) and arithmetic operators that evaluates to a numeric value.

Assignment Expression

An expression that assigns the result of a computation or value to a variable.

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