7. Encumbrances outstanding at year-end in a state’s general fund should be reported as a a. liability in the general fund. b. fund balance reserve in the general fund. c. liability in the general...


7. Encumbrances outstanding at year-end in a state’s general fund should be reported as a


a. liability in the general fund.


b. fund balance reserve in the general fund.


c. liability in the general long-term debt account group.


d. fund balance designation in the general fund.

Nov 23, 2021
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