Which of the Following Observations Concerning Encumbrances Is NOT True

question 58

Multiple Choice

Which of the following observations concerning encumbrances is NOT true?

• A)Their purpose is to ensure that the expenditures within a period do not exceed the budgeted appropriations.
• B)They provide a control system and safeguard for governmental unit administrators.
• C)They are an unique element of governmental accounting.
• D)They are recognized only at the time disbursements are made.

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Definitions:

Geographical Location

Refers to a specific physical point on the Earth's surface defined by coordinates, such as latitude and longitude.

Wealthy

Possessing a substantial amount of money, resources, or assets; affluence.

Power

The ability or capacity to direct or influence the behavior of others or the course of events.

Intersectionality

A conceptual framework for understanding how various forms of social stratification, such as race, gender, and class, interact to create unique modes of discrimination and privilege.