In a Budgetary Entry, If Appropriations Control Exceeds Estimated Revenues

question 37

Multiple Choice

In a budgetary entry, if Appropriations Control exceeds Estimated Revenues Control, the excess would be:

• A) Debited to Budgetary Fund Balance
• B) Credited to Budgetary Fund Balance
• C) Credited to Fund Balance-Unreserved
• D) Credited to Fund Balance-Reserved for Encumbrances

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Definitions:

Percentage

A portion, share, or rate expressed as a fraction of 100, used to compare parts of a whole.

Political Efficacy

Political efficacy refers to the belief or confidence of citizens in their power to influence political processes and effect change through their actions and participation.

Decreased

A reduction in size, quantity, or intensity of a particular thing or phenomenon.

Increased

Describes something that has become larger or greater in size, amount, or degree.