Question

True or false: Estimated Other Revenue Sources and Estimated Other Spending Uses are additional budgetary accounts reflecting anticipated inflows and outflows of resources from sources other than revenues and spending.

Answer 1

True. Estimated Other Revenue Sources and Estimated Other Spending Uses are additional budgetary accounts that reflect anticipated inflows and outflows of resources from sources other than revenues and spending.

Step-by-step explanation:

True. Estimated Other Revenue Sources and Estimated Other Spending Uses are additional budgetary accounts that reflect anticipated inflows and outflows of resources from sources other than revenues and spending. These accounts are used to track funds received from sources such as grants, donations, and fines, as well as funds used for purposes other than regular spending, such as debt repayment or capital investment.