Which of the Following Represents the Recording of a Budget

question 20

Multiple Choice

Which of the following represents the recording of a budget in the accounts of the General Fund?

• A)Debit Appropriations,Credit Estimated Revenues and Credit Fund Balance - Unassigned
• B)Debit Appropriations,Credit Estimated Revenues
• C)Debit Estimated Revenues,Credit Appropriations,Credit Estimated Other Financing Uses,Credit Fund Balance - Unassigned
• D)Debit Estimated Other Financing Uses,Credit Appropriations and Credit Fund Balance - Unassigned

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Definitions:

Narrow Job Classifications

Employment categories defined by a very specific set of skills, responsibilities, or tasks, often limiting the scope and flexibility of the role.

Functional Flexibility

Describes the ability of an organization or its workforce to adapt, change or shift among various roles, responsibilities, or tasks as needed, enhancing overall efficiency and responsiveness.

Employment Flexibility

Refers to the adaptability of work arrangements, allowing for changes in working hours, locations, and duties to meet both employer and employee needs.

Functional Flexibility

The ability of an organization to adapt and manage workforce skills and roles to meet changing market conditions, often involving cross-training and job rotation.