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Author Question: What does a credit balance in the account Allotments realized resources show? a. The agency's ... (Read 69 times)

dbose

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on: Jul 5, 2018
What does a credit balance in the account Allotments  realized resources show?
 
  a. The agency's cash balance with the Treasury.
  b. The amount available to a department for allotment to an agency
  c. The amount of goods or services ordered by an agency but not received.
  d. The amount of resources available to an agency for obligation or commitment.

Question 2

When assets are recorded at original value, they are recorded under the
 a. historical cost principle.
   b. original principle.
   c. current principle.
   d. value principle.


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karmakat49

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Reply #1 on: Jul 5, 2018
Answer to Question 1

d

Answer to Question 2

a


dbose

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Reply 2 on: Jul 5, 2018
Wow, this really help

nyrave

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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