Due to an Error,the General Fund of Pueblo Did Not

question 61

Multiple Choice

Due to an error,the general fund of Pueblo did not record an encumbrance for police equipment that had been ordered but not received on June 30,20X9,the end of its fiscal year.Pueblo's outstanding encumbrances at year-end are nonlapsing.What was the effect of this error on the balance sheet of Pueblo's general fund?

• A)Assets are overstated.
• B)Liabilities are understated.
• C)Total fund balance is overstated.
• D)Unassigned fund balance is overstated.

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Definitions:

Leadership Style

Refers to a leader's method of providing direction, implementing plans, and motivating people.

Employees' Experience

The overall perceptions and feelings employees have about their jobs, encompassing work environment, culture, relationships with coworkers, and the nature of the work itself.

Contingency Variables

External or internal factors that can influence the effectiveness of management practices and organizational strategies, often requiring adaptable approaches.

Organizational Behaviour

The study of how people interact within groups in a workplace, and how this affects individual and organizational performance, motivation, and structure.