Which of the Following Will Increase the Fund Balance of a Government

question 70

Multiple Choice

Which of the following will increase the fund balance of a government at the end of the fiscal year?

• A) The sum of revenues and other financing sources is more than the sum of expenditures and other financing uses.
• B) Expenditures are more than the difference between revenues and the excess of other financing sources over other financing uses.
• C) Revenues are less than the sum of expenditures, other financing sources, and other financing uses.
• D) The sum of fund balance, revenues, and other financing sources is more than the sum of expenditures and other financing uses.

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Definitions:

Security Risks

Potential threats that could result in unauthorized access, damage, or destruction to an organization's assets, including data, systems, and physical property.

Extraversion

A personality trait characterized by outgoingness, high energy, and positive emotions towards social interactions and activities.

Farsighted Leader

A leader capable of anticipating future trends and preparing accordingly.

Long-Range Implications

The far-reaching effects or consequences of actions or decisions, potentially extending over a lengthy period into the future.