Solved

The Primary Objective of Using an Encumbrance System Is to Keep

Question 11

Multiple Choice

The primary objective of using an encumbrance system is to keep track of an organization's ________.


A) purchase of goods and services.
B) purchase of capital assets.
C) expenditures.
D) commitments made for the acquisition of goods and services.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions