Revenues are raised to finance governmental activities,but revenues may be expended only for purposes and in amounts approved by the legislative branch in compliance with laws of competent jurisdictions.This process is known as the
A) Budgetary Fund
B) Encumbered Process
C) Expended Process
D) Appropriations Process
Correct Answer:
Verified
Q89: When supplies ordered for use in an
Q107: Which of the following results in an
Q108: The Budgetary Fund Balance -- Reserve for
Q113: The Fire Department of a certain city
Q114: Budgetary Fund Balance -- Reserve for Encumbrances
Q114: Under modified accrual accounting,budgetary authority expires at
Q115: If Budgetary Fund Balance was debited in
Q122: The purpose of an encumbrance is to
Q127: The legal authorization for the administrators of
Q131: All of the following are budgetary accounts
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents