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  3. Study Set
    Essentials of Accounting
  4. Exam
    Exam 14: Financial Reporting by the Federal Government
  5. Question
    Which of the Following Steps in the Budgetary Authority Process
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Which of the Following Steps in the Budgetary Authority Process

Question 22

Question 22

Multiple Choice

Which of the following steps in the budgetary authority process occurs when a federal agency issues a purchase order?


A) Apportionment
B) Appropriation
C) Allotment
D) Obligation

Correct Answer:

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