The Journal Entry to Record an Encumbrance Would Include

question 101

Multiple Choice

The journal entry to record an encumbrance would include:

• A) A debit to Encumbrance Control
• B) A debit to Budgetary Fund Balance - Reserve for Encumbrances
• C) A credit to Budgetary Fund Balance - Reserve for Encumbrances
• D) A and C would both be included in the journal entry

---

Definitions:

Dominant Strategies

In game theory, a strategy that is best for a player in a game regardless of the strategies chosen by other players.

Equilibrium

The state in an economy or market where demand equals supply, leading to stable prices.

Poison Pill

A strategy used by companies to prevent or discourage hostile takeovers by making the company less attractive to the acquirer.

Dominant Strategy

A strategy in a game where, regardless of the opponent's move, it remains the best choice.