Final answer:
The claim that no governmental fund entry would be made for sabbatical leave if not expected to be paid with available resources is False, as all financial activities related to employment benefits must be recorded.
Step-by-step explanation:
The statement that no governmental fund entry would be made if no sabbatical leave was expected to be paid with expendable/available resources is False. According to the principles of governmental accounting and financial reporting, commitments such as sabbatical leave, if it is an existing employment benefit, must be recognized in the accounting records. Governmental funds are used to account for resources that are being saved or spent for specific purposes, and all related financial activities should be recorded to maintain transparency and accountability. This aligns with constitutional requirements that state no money shall be drawn from the Treasury but in consequence of appropriations made by law.
Furthermore, economic performance, such as budget deficits or surpluses, does not affect the factual recording requirement in governmental funds. For example, despite the fact that the federal government ran budget surpluses from 1998 to 2001, it has no bearing on the necessity to record obligations like sabbatical leaves if they are part of the agreed benefits and expectancies.