Which of the Following Statements Is False

question 51

Multiple Choice

Which of the following statements is false?

• A) Resources representing supplies and prepaid items are classified in governmental funds as Nonspendable Fund balance.
• B) Capital Projects, debt service and permanent funds do not typically record budgets.
• C) Debt service and permanent funds do not record encumbrances.
• D) Principal of permanent funds is classified as Committed Fund Balance

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Definitions:

BPD

Borderline Personality Disorder, a mental health condition characterized by unstable moods, behavior, and relationships.

Theoretical Approach

A method or strategy derived from a theory to understand a concept, phenomenon, or problem.

Depression

A condition of mental health involving prolonged periods of downheartedness or a lack of enthusiasm in tasks, causing crucial hindrances in daily operations.

Etiology

The study of the causes or origins of diseases.