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Author Question: A favorable expenditures variance signifies that, during the year, a. Unassigned fund balance ... (Read 86 times)

jparksx

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

b

Answer to Question 2

False


jparksx

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  • Posts: 570
Reply 2 on: Jul 5, 2018
Excellent

ryansturges

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Reply 3 on: Yesterday
:D TYSM

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