20 NCAC 03 .0601. ENCUMBRANCE ACCOUNTING  


Latest version.
  • All school administrative units shall use the encumbrance method of accounting in any fiscal year in which its total membership is 6,000 or more, as defined in G.S. 115C‑430.

     

History Note:        Authority G.S. 115‑440(c);

Eff. February 1, 1976;

Readopted Eff. September 23, 1977;

Amended Eff. April 1, 1985.