The Following Information Was Obtained from the General Fund Balance

question 33

Multiple Choice

The following information was obtained from the general fund balance sheet of Lima Village on June 30,20X9,the close of its fiscal year:
On June 30,20X9,what was Lima's unassigned fund balance in its general fund?

• A)$84,000
• B)$44,000
• C)$34,000
• D)$24,000

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Definitions:

Empirical Evidence

Information acquired by observation or experimentation, used to validate or refute a hypothesis or theory.

Carbon Dioxide

A colorless, odorless gas produced by burning carbon and organic compounds and by respiration, considered a major contributor to climate change.

Sea Levels

The average height of the ocean's surface between the high and low tide, used as a standard in measuring land elevation and ocean depth.

Global Warming

The long-term rise in Earth’s average temperature, largely attributed to human activities, especially the emission of greenhouse gases.