Question: 3. INSTRUCTIONS Use the information below to answer the following question Errors have been made in a general fund during a certain fiscal year. Use
3. 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 The petty cash account (revolving cash, imprest fund) was not reimbursed for all expenditures at year end 2
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