Assuming There Is a Budget Surplus,which of the Following Accounts

question 28

Multiple Choice

Assuming there is a budget surplus,which of the following accounts are credited when the general fund records its operating budget at the beginning of the year?

• A)Appropriations Control and Budgetary Fund Balance-Unassigned.
• B)Estimated Revenues Control and Estimated Residual Equity Transfer Out.
• C)Budgetary Fund Balance-Assigned For Encumbrances and Expenditures.
• D)Estimated Residual Equity Transfer Out and Estimated Transfer In.

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Definitions:

Grimaces

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The process of drawing conclusions or making logical deductions based on available evidence or premises.

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A signal or indication that prompts an action or response.

Health Pattern

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