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  3. Study Set
    Essentials of Accounting
  4. Exam
    Exam 3: Modified Accrual Accounting: Including the Role of Fund Balances and Budgetary Authority
  5. Question
    What Is the First Step a Government Takes in Acquiring
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What Is the First Step a Government Takes in Acquiring

Question 25

Question 25

Multiple Choice

What is the first step a government takes in acquiring goods or services through the General Fund?


A) Appropriation
B) Expenditure
C) Requisition order
D) Encumbrance

Correct Answer:

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