11. The general ledger journal entry in the General Fund to record the adoption of a budget would include: A) A credit to Estimated Other Financing Sources Control B) A debit to Budgetary Fund Balance-Reserve for Encumbrances C) A debit to Appropriations Control D) A debit to Estimated Revenues Control

1. is the act of declaring a drivers license void and terminated when it is determined that the license was issued through error or fraud.

Which of the following statements are false regarding activity-based costing? non-manufacturing costs are important to include when calculating the cost of each product. costs are allocated based on a pre-determined overhead rate. transitioning from traditional costing methods to activity-based costing can be complicated and costly. activity-based costing follows the same basic calculation methods as traditional costing approaches. none of the above

Miami incorporated estimates that its retained earnings break point (bpre) is $21 million, and its wacc is 13.40 percent if common equity comes from retained earnings. however, if the company issues new stock to raise new common equity, it estimates that its wacc will rise to 13.88 percent. the company is considering the following investment projects: project size irr a $4 million 14.00% b 5 million 15.10 c 4 million 16.20 d 6 million 14.20 e 1 million 13.42 f 6 million 13.75 what is the firm's optimal capital budget?