Which of the following accounts is a budgetary account of a governmental fund? A. Encumbrances Outstanding. B. Appropriations. C. Expenditures. D. Other Financing Sources.

Question

asked May 4, 2024 198k views

1 Answer

← Prev Question Next Question →

Related questions

asked Sep 21, 2024 27.0k views

Budgetary accounts used in the GF include estimated revenues, estimated other financing sources, appropriations, estimated other financing uses, and encumbrances a.True b.False

Mithun Arunan asked Sep 21, 2024

by Mithun Arunan

8.3k points

1 answer

4 votes

27.0k views

asked Sep 11, 2024 157k views

An internal service fund normally uses which of the following budgetary accounts? 1) Estimated Revenues 2) Appropriations 3) Encumbrances 4) An internal service fund normally does not use budgetary accounts

Pellizon asked Sep 11, 2024

by Pellizon

8.2k points

1 answer

0 votes

157k views

asked Aug 25, 2024 148k views

Which of the following will increase the fund balance of a governmental unit at the end of a fiscal year? a. Estimated revenues are less than expenditures and reserve for encumbrances. b. Appropriations

Denbec asked Aug 25, 2024

by Denbec

8.9k points

1 answer

2 votes

148k views

Ask a Question

Eudis Duran · Answer 1 · 2024-05-10T06:59:33+0000

Final answer:

Appropriations is the budgetary account of a governmental fund.

Step-by-step explanation:

Out of the options given, Appropriations is the budgetary account of a governmental fund.

Appropriations represent the amounts of money that are allocated for specific purposes or programs by the government. This includes the authorized spending limits for various government agencies, departments, and programs.

For example, if a government decides to allocate $1 million for education, this amount would be recorded as an appropriation in the budgetary account of a governmental fund.

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

Final answer:

Step-by-step explanation:

Please log in or register to add a comment.

Related questions

Which of the following accounts is a budgetary account of a governmental fund? A. Encumbrances Outstanding. B. Appropriations. C. Expenditures. D. Other Financing Sources.

Categories

Other Questions