Which of the following results in an expenditure?
A) Place a purchase order.
B) Receive goods previously ordered.
C) Receive an invoice on goods previously received.
D) Payment of an invoice previously received.
Correct Answer:
Verified
Q115: If Budgetary Fund Balance was debited in
Q116: The Police Department of a given city
Q117: In its 2017 Budgetary Comparison Schedule, the
Q118: In a budgetary entry combining entry, if
Q119: The Revenues account of a government is
Q121: Revenues are raised to finance governmental activities,
Q122: The purpose of an encumbrance is to
Q123: Under modified accrual accounting, budgetary authority expires
Q124: The General Fund of the City of
Q125: To record the budget for the General
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