Which of the following statements would be true concerning budgetary integration? a. The integration of budgetary accounts
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Which of the following statements would be true concerning budgetary integration?
a. The integration of budgetary accounts into the general ledger does not affect the asset and liability accounts.
b. Estimated revenue control accounts are often used to record actual revenues during the year.
c. Budgetary integration is the integration of both capital budget and operating budget data.
d. Budgetary integration affects the amount reported as assigned fund balance.
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Related Book For
Governmental And Nonprofit Accounting
ISBN: 9781292040080
10th International Edition
Authors: Robert J. Freeman, Craig D. Shoulders, Gregory S. Allison, G. Robert Smith
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