Expenditures Are Generally Recorded and Fund Liabilities Are Recognized

Expenditures are generally recorded and fund liabilities are recognized

A) When goods and services are received, but only if resources are available in the fund.
B) When goods and services are received, regardless of whether or not resources are available in the fund.
C) When purchase orders are issued, regardless of whether or not resources are available in the fund.
D) When invoices are paid.