The Reserve for Encumbrances account is properly termed a A: Long-term liability. B: Budgetary account. C: Current liability if paid<br/>within a year; otherwise a long-term debt. D: Reservation of fund<br/>equity.
The Reserve for Encumbrances account is properly termed a A: Long-term liability. B: Budgetary account. C: Current liability if paid<br/>within a year; otherwise a long-term debt. D: Reservation of fund<br/>equity.
The Reserve for Encumbrances account is properly termed a () A: Fixed<br/>liability. B: Reservation<br/>of fund equity. C: Budgetary<br/>account. D: Current<br/>liability if paid within a year; otherwise, long-term debt.
The Reserve for Encumbrances account is properly termed a () A: Fixed<br/>liability. B: Reservation<br/>of fund equity. C: Budgetary<br/>account. D: Current<br/>liability if paid within a year; otherwise, long-term debt.
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