If Budgetary Fund Balance Was Credited in the Process of Recording

question 26

Multiple Choice

If Budgetary Fund Balance was credited in the process of recording a budget for the General Fund of a governmental unit,it can be assumed that:

• A) Estimated Revenues exceed Appropriations.
• B) Estimated Expenses exceed Actual Revenues.
• C) Actual Expenses exceed Estimated Expenses.
• D) Appropriations exceed Estimated Revenues.