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logiol22 logiol22
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5 years ago
The Board of Commissioners took its highest level formal action to dedicate resources for a particular project in the Capital Projects Fund. Those resources cannot be redirected for another use unless an equivalent formal action is taken. As of the end of the fiscal year, a portion of these resources remain in fund balance. The proper fund balance classification for these resources would be
A.Nonspendable.
B.Restricted.
C.Committed.
D.Assigned.
Textbook 
Governmental and Nonprofit Accounting

Governmental and Nonprofit Accounting


Edition: 11th
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apuchicandoapuchicando
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5 years ago
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