When the Budget of a Government Is Adopted and Estimated

question 48

Multiple Choice

When the budget of a government is adopted and Estimated Revenues exceed Appropriations, the excess is:

• A) Credited to Budgetary Fund Balance.
• B) Debited to Budgetary Fund Balance.
• C) Debited to Encumbrances Outstanding.
• D) Credited to Encumbrances Outstanding.

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Definitions:

Ethical Decisions

Choices made based on moral principles and values, considering the impact on stakeholders and society.

Compassion

The emotional response to another's pain or suffering, involving an authentic desire to help.

Absolutism

A deontological theory (also called nonconsequentialism) that emphasizes duties or rules; what’s morally right applies to everyone.

Teleological Ethics

Ethics that are value based.