Discuss why a government might record encumbrances in its records and what role these amounts would have in the (a) Management of a government and (b) General purpose financial statements issued to...

Discuss why a government might record encumbrances in its records and what role these amounts would have in the (a) Management of a government and (b) General purpose financial statements issued to legislators and the public. View Solution:

Discuss why a government might record encumbrances in its records