True or false: A governments unassigned general fund balance at year-end is ordinarily indicative of the amount

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True or false: A government’s unassigned general fund balance at year-end is ordinarily indicative of the amount that the government has available for appropriation in future years. Explain, and provide an example to support your answer.

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Core Concepts of Government and Not For Profit Accounting

ISBN: 978-0471737926

2nd edition

Authors: Michael H. Granof, Penelope S. Wardlow

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Question Posted: Apr 29, 2015 02:29 AM

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True or false: A governments unassigned general fund balance at year-end is ordinarily indicative of the amount

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False The reported general fund balance at yearend is determined on the basis of gen...View the full answer

Core Concepts of Government and Not For Profit Accounting

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