What advantage is gained by categorizing fund balances first into non-spendable and then allocating the remaining fund

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What advantage is gained by categorizing fund balances first into non-spendable and then allocating the remaining fund balance into restricted, committed, assigned, and unassigned?

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Advanced Accounting

ISBN: 978-0538480284

11th edition

Authors: Paul M. Fischer, William J. Tayler, Rita H. Cheng

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Question Posted: Apr 13, 2015 10:24 AM

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What advantage is gained by categorizing fund balances first into non-spendable and then allocating the remaining fund

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