A Favorable Expenditures Variance Signifies That,during the Year

question 4

Multiple Choice

A favorable expenditures variance signifies that,during the year,

• A)Unassigned fund balance increased
• B)actual spending was less than budgeted spending
• C)estimated revenues were less than actual revenues
• D)total expenditures did not exceed total encumbrances

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Definitions:

Stanley Prusiner

Stanley Prusiner is a scientist known for his discovery of prions, a type of infectious agent composed of protein material that can replicate without containing nucleic acids.

Infective Agent

A biological agent, such as a virus, bacterium, or fungus, capable of causing disease.

CJD

Creutzfeldt-Jakob Disease, a rare, degenerative, invariably fatal brain disorder marked by rapid cognitive decline and caused by prions.

Papovaviruses

A group of DNA viruses, known to cause diseases in humans and animals, including papillomas, polyomas, and vacuolating viruses.