In a Budgetary Entry Combining Entry, If Estimated Revenues Control

question 109

Multiple Choice

In a budgetary entry combining entry, if Estimated Revenues Control exceeds Appropriations Control, the excess would be:

• A) credited to Fund Balance-Unreserved.
• B) debited to Fund Balance-Unreserved.
• C) debited to Budgetary Fund Balance.
• D) credited to Budgetary Fund Balance.

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Definitions:

Cohesive

The quality of forming a united whole, often used to describe the unity within a group or team.

Conformity

The act of aligning one's behaviors, beliefs, or standards to match those of a group or societal norms.

Close Minded

Having or showing a rigid opinion or standpoint, not open to new ideas or arguments.

Open Membership

A policy that allows anyone who meets certain criteria to join or participate in an organization without restrictions.