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Author Question: The purpose of encumbrance accounting is to A. Manage a government's cash flows. B. Avoid ... (Read 64 times)

mwit1967

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on: Jul 5, 2018
The purpose of encumbrance accounting is to
 
  A. Manage a government's cash flows.
  B. Avoid expenditures exceeding appropriations.
  C. Replace expense accounting in governments.
  D. Prevent government waste.

Question 2

Which of the following is nota business transaction?
 a. Erin deposits 15,000 in a bank account in the name of Erin's Lawn Service.
  b. Erin provided services to customers earning fees of 600.
  c. Erin purchased hedge trimmers for her lawn service agreeing to pay the supplier next month.
  d. Erin pays her monthly personal credit card bill.


emily12345

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

B

Answer to Question 2

d


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mwit1967

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Reply #2 on: Jul 5, 2018
Thank you :)


emily12345

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Reply #3 on: Jul 5, 2018
Happy to help you


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