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Author Question: A favorable expenditures variance signifies that, during the year, a. Unassigned fund balance ... (Read 31 times)

jparksx

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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

Question 2

The balance in the capital account on the worksheet will equal the amount presented in the balance sheet.
 a. True
  b. False
 
   Indicate whether the statement is true or false



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duke02

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Answer to Question 1

b

Answer to Question 2

False




jparksx

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Reply 2 on: Jul 5, 2018
Thanks for the timely response, appreciate it


FergA

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Reply 3 on: Yesterday
Gracias!

 

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