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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.
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Governmental and Nonprofit Accounting

Governmental and Nonprofit Accounting


Edition: 11th
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apuchicandoapuchicando
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