This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A Capital Projects Fund has outstanding encumbrances of 75,000 as of the end of the fiscal year. ... (Read 42 times)

lilldybug07

  • Hero Member
  • *****
  • Posts: 546
on: Jul 5, 2018
A Capital Projects Fund has outstanding encumbrances of 75,000 as of the end of the fiscal year. Assume that all resources in the Capital Projects Fund are considered to be restricted.
 
  How should these encumbrances be reported in the year-end external financial statements?
  A. As a specific identifiable component of restricted fund balance.
  B. As a specific identifiable component of committed fund balance.
  C. As a specific identifiable component of assigned fund balance.
  D. The encumbrances would only be reported in the note disclosures.

Question 2

A character is a basic unit of data such as a letter, number, or special character.
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kardosa007

  • Sr. Member
  • ****
  • Posts: 300
Reply #1 on: Jul 5, 2018
Answer to Question 1

D

Answer to Question 2

T


lilldybug07

  • Member
  • Posts: 546
Reply 2 on: Jul 5, 2018
Gracias!

Bigfoot1984

  • Member
  • Posts: 321
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

20,000 year old Arctic ground squirrel mummy 20,000 year old Arctic ground squirrel mummy
Bronchoscopy. Figure illustrates physician using a bronchoscope to inspect the patient’s bronchial t Bronchoscopy. Figure illustrates physician using a bronchoscope to inspect the patient’s bronchial t
During my research in India, I interviewed this 8-year-old girl. Mahashury is a bonded laborer who ... During my research in India, I interviewed this 8-year-old girl. Mahashury is a bonded laborer who ...
Eco-Development Projects Eco-Development Projects
The fiscal policy to counter an inflationary gap is a(n) The fiscal policy to counter an inflationary gap is a(n)
Seven students have applied for merit scholarships. This year 3 merit scholarships were ... Seven students have applied for merit scholarships. This year 3 merit scholarships were ...
Video: Introduction to filtration - filtrate formation and composition

For a complete list of videos, visit our video library