Question

Riche Township recorded more estimated revenues than appropriations for the coming fiscal year. In integrating its adopted budget with its financial accounting records, the town would: Group of answer choices Debit budgetary control. Debit encumbrance control. Credit budgetary control. Credit encumbrance control.

Answer 1

Credit budgetary control

Step-by-step explanation:

Budgetary control here has to do with a process where managers are able to set financial and performance targets with budgets, compare the generated results, and adjust performance as it is required.