Question: When a purchase order is released, a commitment is made by a governmental unit to buy acomputer to be manufactured to specifications for use in
When a purchase order is released, a commitment is made by a governmental unit to buy acomputer to be manufactured to specifications for use in property tax administration. Thiscommitment should be recorded in the general fund as a an:
A
Fixed asset.
B
Expenditure.
C
Appropriation.
D
Encumbrance.
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