The County Commission of Seminole County Adopted Its General Fund

question 36

Multiple Choice

The County Commission of Seminole County adopted its General Fund budget for the year ending June 30, comprising estimated revenues of $13,200,000 and appropriations of $12,900,000. Seminole County utilizes the budgetary accounts required by GASB standards. The journal entry to record budgeted appropriations will include:

• A) A credit to Appropriations, $12,900,000.
• B) A credit to Encumbrances, $12,900,000.
• C) A debit to Estimated Expenditures, $12,900,000.
• D) A credit to Budgetary Fund Balance, $12,900,000.

Understand the concept of power distance and its implications in organizational leadership.

Recognize the role of charisma in leadership and its impact on followers.

Differentiate between task-oriented and relations-oriented leadership behaviors.

Comprehend the importance of ethical leadership and creating value for society.

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Definitions:

Private Nuisance

An unlawful interference with the use or enjoyment of a property, usually by causing harm or obstruction.

Tort

A civil wrong that causes someone else to suffer loss or harm, resulting in legal liability for the person who commits the tortious act.

Vicarious Liability

A legal principle that holds one party liable for the actions of another, based on the relationship between the two parties.

Occupiers' Liability Act

Legislation governing the responsibility of property owners or occupiers to ensure the safety of individuals on their premises.