Question: 2. INSTRUCTIONS. Use the information below to answer the following question Errors have been made in a general fund during a certain fiscal year. Use

2. INSTRUCTIONS. Use the information below to answer the following question Errors have been made in a general fund during a certain fiscal year. Use the key below to indicate whether the error described would result in a fund balance being KEY 1. Overstated 2. Understated 3. Not affected Expenditures were lower than the amount budgeted. The budget is not recorded on the books 1

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