The Following Related Entries Were Recorded in Sequence in the General

question 5

Multiple Choice

The following related entries were recorded in sequence in the general fund of a municipality: The sequence of entries indicates that:

• A)an adverse event was foreseen and a reserve of $15,000 was created; later the reserve was cancelled and a liability for the item was acknowledged.
• B)an order was placed for goods or services estimated to cost $15,000; the actual cost was $15,350 for which a liability was acknowledged upon receipt.
• C)encumbrances were anticipated but later failed to materialize and were reversed.A liability of $15,350 was incurred.
• D)the first entry was erroneous and was reversed; a liability of $15,350 was acknowledged.

---

Definitions:

Mid-Life

A period in an individual's lifespan, typically considered to be between the ages of 40 and 60, often associated with a midlife crisis.

Confrontation

The act of facing or dealing directly with issues, challenges, or opposition, often involving direct communication or conflict.

Archetypes

Universal, symbolic images and themes that derive from the collective unconscious, as proposed by Carl Jung, recurring across cultures and time periods.

Word Association Test

is a psychological assessment tool where individuals are asked to respond with the first word that comes to mind upon hearing another word, used to explore their unconscious thoughts or feelings.