What Would Be the Effect on the Unreserved Fund Balance

question 98

Multiple Choice

What would be the effect on the Unreserved Fund Balance at the end of the current fiscal year of recording a $15,000 expenditure for a new computer, assuming a $14,600 encumbrance had been recorded in a General Fund department in the previous fiscal year?

• A) Reduce the General Fund's Unreserved Fund Balance $400
• B) Reduce the General Fund's Unreserved Fund Balance $14,600
• C) Reduce the General Fund's Unreserved Fund Balance $15,000
• D) Have no effect on the General Fund's Unreserved Fund Balance

---

Definitions:

Common Uses

Typical or widely accepted applications or purposes for an item, concept, or procedure.

Social Media

Online platforms and technologies that facilitate social interaction and content sharing among users.

U.S. Businesses

Enterprises operating within the United States, adapting to its market environment, legal requirements, and cultural norms.

Share an Idea

The act of disclosing or spreading a novel concept, thought, or suggestion to others for discussion, implementation, or feedback.