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    Business
  3. Study Set
    Accounting for Governmental
  4. Exam
    Exam 3: Governmental Operating Statement Accounts; Budgetary Accounting
  5. Question
    An Allotment May Be Described as an Internal Allocation of Funds
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An Allotment May Be Described as an Internal Allocation of Funds

Question 62

Question 62

True/False

An allotment may be described as an internal allocation of funds on a periodic basis usually agreed upon by the department heads and the chief executive.

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