Use the following to answer the next two questions:
The City of Park Ridge reported appropriations in the amount of $17,000,000 for its General Fund for the fiscal year ended December 31, 2015. During that year, expenditures amounted to $16,200,000 (related to current year purchase orders). In addition, $600,000 in encumbrances had been issued this year, but not filled.
-In its 2015 Budgetary Comparison Schedule,the amount Park Ridge reports for expenditures (and encumbrances,if applicable)would be:

Question

Quizplus · Accepted Answer

The expenditures for the fiscal year were $16,200,000 and there were $600,000 encumbrances that had been issued but not filled. Therefore, the total expenditures and encumbrances reported in the Budgetary Comparison Schedule would be $16,800,000.

Answer: D 
 No information is provided about how much of the $17,000,000 in appropriations were actually expended or encumbered, so it is not possible to determine the exact amount reported in the Budgetary Comparison Schedule.

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