F9 - Encumbrances Flashcards

1
Q

The County Road & Bridge fund is funded by gas taxes whose use is restricted by law to road construction and is properly classified as a special revenue fund. The fund maintains inventories of road signage and road construction materials. Resources associated with those inventories would be classified within fund balance as:

A

Non-spendable

How well did you know this?
1
Not at all
2
3
4
5
Perfectly