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Which of the following best describes an assignment of fund balance?

goji.go

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9 years ago

Which of the following best describes an assignment of fund balance?

Which of the following best describes an assignment of fund balance?
      a.   it is a government’s intent to spend resources for specific purposes
      b.   it is another term for a budgetary fund balance reserved for encumbrances
      c.   it is constrained as a result of a formal action by a government’s legislative body
      d.   it is a legal segregation of fund balance, and must be used for the purpose assigned

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Diesel

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f_zah1

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goji.go Author

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9 years ago

Thanks so much f_zah1.

You were correct Smiling Face with Open Mouth

Smiling Face with Open Mouth

Diesel

f_zah1

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#3

9 years ago

You're very welcome!

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