Question: Under GASB Statement No . 5 4 , what is the hierarchy classification of fund balances? a . Spendable, unrestricted, committed, assigned, unassigned b .
Under GASB Statement No what is the hierarchy
classification of fund balances?
a Spendable, unrestricted, committed, assigned,
unassigned
b Nonspendable, restricted, committed, assigned,
unassigned
c Nonspendable, unrestricted, committed, assigned,
unassigned
d Spendable, restricted, uncommitted, assigned,
unassigned
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
