_____ The Appropriations account of a governmental unit is credited when
A) Supplies are purchased.
B) Expenditures are recorded.
C) The budget is recorded.
D) The budgetary accounts are closed.
E) None of the above.

Question

_____	The Appropriations account of a governmental unit is credited when
A) Supplies are purchased.
B) Expenditures are recorded.
C) The budget is recorded.
D) The budgetary accounts are closed.
E) None of the above.

Quizplus · Accepted Answer

The Appropriations account of a governmental unit is credited when the budget is recorded. This reflects the authorization given by the budget to incur liabilities and make expenditures.

_____ the Appropriations Account of a Governmental Unit Is Credited When