When Recording an Approved Budget into the Accounts of the General

question 10

Multiple Choice

When recording an approved budget into the accounts of the general fund,which of the following accounts would be credited?

• A)Appropriations
• B)Encumbrances
• C)Estimated revenues
• D)Deferred revenues

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Definitions:

Catalyzed

The process of accelerating a chemical reaction by the presence of a catalyst, without the catalyst being consumed in the reaction.

Heterogeneous Catalysts

Catalysts that are in a different phase than the reactants, often used to increase the rate of chemical reactions without being consumed in the process.

Homogeneous Solutions

Mixtures that are uniform in composition and appearance throughout, where all components are dissolved into a single phase.

Reactants

Chemicals that exist before a reaction takes place, consumed in the process to yield the products.